Many listings on eBay are sold as auctions, so the sale price is determined by the number of bidders and overall demand for the items.
actually, i am willing to know the answer to almost same question and my question is How are the price determined on eBay?
Prices are set by the seller and then are open to auction, with users setting bids for how much they are willing to spend.
Prices are set by the seller and then are open to auction, with users setting bids for how much they are willing to spend.
The seller sets the price ! Ebay takes a percentage of the selling price as their 'fee' for providing the service.
The valuation of donated goods for tax purposes is typically determined based on the fair market value of the items at the time of donation. This value is usually assessed by considering the condition of the goods, their age, and comparable prices for similar items in the market.
No, the UK is a Market economy. A market economy is one in which in which the prices of goods and services are determined by supply and demand.
The economic environment is determinined by the laws of demand and supply. When there is high demand of goods and low supply prices are likely to go up vice versa. These goods can either be money or goods in economy.
The market for factors of production involves the buying and selling of resources like labor, land, and capital, while the market for goods and services involves the buying and selling of finished products. In the factors of production market, prices are determined by supply and demand for resources, while in the goods and services market, prices are determined by supply and demand for the final products.
what is a list of prices of goods and books
A free market economy is a market based one. The prices of goods and services are determined independently in a free market.
Market economy functions under the price mechanism. Prices of goods and serviced are determined by the interaction of demand and supply forces.
When various competitors compete on the various types of goods that they are selling, they will reduce the prices so that they sell more.