Answer:
The market price is determined by the combined actions of both the buyers and sellers
Explanation:
In other words, the market price is determined by the clash of supply and demand, which are the two basic economic determinants. Although Ulla is affected by a drought, she knows she cannot raise the sugar beet price, as her competitors would beat her. On the other hand, they could increase the price if all of the beet sellers throughout the US were affected by a drought.
