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profeteering
Wiki User
∙ 10y ago
Wiki User
∙ 13y agoInflation
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How do changes in supply affect prices?
When supply is plentiful, prices fall, when items are scarce, the price rises.
What cause a price to increase?
Prices generally are the result of the combined effect of supply and demand. Scarcity causes prices to rise, since there is more competition to obtain scarce items, and demand causes prices to rise, since people will be willing to pay more for something they strongly want.
What service does the website DirectDeals provide?
DirectDeals provides the service of selling items at discount prices. Some items available for sale include Cameras, Video Game Consoles, Computers and Software.
The prices of the items traded on eBay determined by what way?
The seller sets the price ! Ebay takes a percentage of the selling price as their 'fee' for providing the service.
How do you make people buy your items on flea market day?
You need to sell items people want. If your're selling items that aren't popular you won't have many sales. Another way is to keep your prices low. This will attract customers.
Why do people want to buy scarce items?
The single word answer is: Speculation. People buy scarce items hoping they will become valuable in the future. Gold is scarce considering only 2% of all gold that exists in the earth has been dug up. With that in mind, consider the people who bought gold in 2001 when it cost about $270 per ounce. They speculated gold prices would increase over time. Their speculation earned them an increase in price of about 518%, and they made $1150 for each ounce they bought. That is a huge increase. So buying scarce items now just might these people rich, or at least they will make some increase on their speculation.
What is wholsale trede?
Wholesale trade is the process of selling process that involve bulk products or items at a discounted price, cheaper than buying it at retail prices.
What is it called when you give out scarce items on a limited basis?
a silly guy
Is adultswim seriously selling those items for those prices?
WikiAnswers and its employees and contributors have no connection with Adult Swim. The easiest way for you to find the answer to your question is to order some of them.
What is peer to peer selling?
p2p selling is a kid selling another kid his items
How much percentage do I add to items for a business sale?
There really isn't a usual percentage in business selling. You need to research companies which are selling products similar to yours, look at their costs and establish whether you can make profit by selling at similar prices. To make the business successful you need to be competitive.
What are dual price items?
dual price items are items with 2 prices
