A characteristic of a seller's market is low inventory of homes for sale, creating high demand among buyers. This often leads to multiple offers on properties, driving up prices and resulting in a competitive housing market that favors sellers.
The characteristic of capitalism where buyers and sellers freely and willingly exchange in market transactions is referred to as voluntary exchange. This principle is at the core of capitalist economies, allowing individuals to participate in trade based on mutual consent and self-interest.
If the number of sellers in a market increases the
What are the Fundamental characteristic of the market system?
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.
A lucrative market is a market which producing wealth for both buyers and sellers.
Untapped market is that portion of Market that has been untouched or which is unnoticed by the 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.