0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is the name for the place where buyers and sellers meet?
Marketplace
Difference between a physical marketplace and an e-marketplace?
Physical marketplace; · Buyers and sellers meet together face to face · The market place is physical · The product and services are delivered physically · The market is not an electronic market E-marketplace; · Business takes place in an e-commerce site · Buyers and sellers delivers and receive money product and services electronically · Buyers and sellers only meet online · The marketplace is not physical
What is the meaning of basic market models?
the meaning of market models is competition derived from pure competition meaning many sellers, monopolistic competition meaning most sellers, oligopoly competition meaning few sellers and pure monopoly meaning one seller.
Numbers of sellers in a market?
perferct competition are a large number of buyers and sellers.
Why there is a large number of sellers and buyers in monopolistic competition?
large numbers of buyers and sellers
What is the purpose of competition?
To act as a regulating force in the marketplace
What are the laws that competition in the marketplace called?
antitrust laws =)
What is the result of competition between sellers?
Lower prices.
What is the rivarly among sellers for consumer dollars?
competition
Is eBay a service company?
No its a World's Online Marketplace, Connecting buyers and sellers globally.
Which of these is the responsibility of the Federal Trade Commission?
regulating competition in the marketplace. -- A+
Is there a eCRATER in Arkansas?
yes, it is available worldwide, since it is a website, a marketplace for sellers to sell their products.
