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When there is one buyer and many sellers in a market - what is this situation called?
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∙ 12y ago
Monopsony
Wiki User
∙ 12y ago
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What is a static market?
A static market where one buyer faces a whole load of sellers.
In economic terms what does market mean?
the coming together of a buyer and seller
Why a buyers market turns into a sellers market?
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.
What is perfect market?
A perfect market is a market form of which there are many buyer and sellers producing homogenous goods this market seems to operate without any trade restriction
What are the benefits of direct marketing to both buyers and sellers?
There are various benefits of direct marketing to both he buyer and seller. Sellers can choose their market and buyers can easily purchase products.
If in a market there is one buyer and many sellers then what is it called?
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.
Where is the market located?
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
What is a static market?
A static market where one buyer faces a whole load of sellers.
In economic terms what does market mean?
the coming together of a buyer and seller
Why a buyers market turns into a sellers market?
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.
Why buyer's market turns into a seller's market?
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.
What is perfect market?
A perfect market is a market form of which there are many buyer and sellers producing homogenous goods this market seems to operate without any trade restriction
What is that market where you have one buyer and one seller?
a market with one buyer and one seller is called bilateral monopoly.
What are the benefits of direct marketing to both buyers and sellers?
There are various benefits of direct marketing to both he buyer and seller. Sellers can choose their market and buyers can easily purchase products.
What are the market models as viewed by the seller?
the various market structures are represented by four basic market models: pure competition, pure monopoly, monopolistic competition,and oligopoly.pure competition-is a market situation where there is a large number of independent sellers offering identical product.PURE MONOPOLY- refers to a market situation where there is only ine seller or producer supplying unique goods and services. A one buyer market situation is knon as monopsony.monopolistic competition- pertains to market situation where there is a relatively large number of small producers or suppliers selling similar but not identical products.OLIGOPOLY- is associated with a market situation where there are few firms offering standardized or differentiated goods and services.
When consumers are willing to buy more than producers are willing to sell?
then sellers will sell to a buyer if he or she sells to a market who then sells to the original seller then he must sell to the market if he wants buy from the producer who was the original seller then the market is the buyer then the seller can buy from the consumer.
How can car quotes be helpful to a car buyer?
Quotes are helpful to ensure the buyer is getting the best quality for the price they are looking for as well as keeping the market competitive by comparing cars and sellers.
