Inelastic Demand, Price exceeding marginal cost, excess demand
If the number of sellers in a market increases the
some sellers benefit and some sellers are harmed.
An oligopoly.
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.
where does buyers and sellers meet
If the number of sellers in a market increases the
market is not a place, its a situation. when tere is a buyer with willingness and capablity and sellers willing to sell that is market,but both buyers and sellers has to be more then one
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.
perferct competition are a large number of buyers and sellers.
some sellers benefit and some sellers are harmed.
Ebay is a another market place. They market their service as sellers.
Untapped market is that portion of Market that has been untouched or which is unnoticed by the sellers .
A lucrative market is a market which producing wealth for both buyers and sellers.
An oligopoly.
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.
Untapped market is that portion of Market that has been untouched or which is unnoticed by the sellers .
market