A buyer's market is an excess of supply over demand, which leads
to abnormally low prices.
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a market with one buyer and one seller is called bilateral
monopoly.
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A buyer's market is when there are few buyers and many sellers.
If the opposite is true, then it's called a seller's market.
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A buyer's market may turn into a seller's market when business
is increased. real estate has these markets for example when buyers
have more luck than sellers and vice versa.