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How would you define equilibrium quantity?

It is a state where quantity supplied by seller and quantity demanded by buyers are equal.


Equilibrium quantity is a state where quantity supplied by seller and quantity demanded by buyers are equal. True or False?

True


What determines how the burden of tax is divided between buyers and seller?

The burden of tax is divided between buyers and sellers by the forces of supply and demand.


As an incentive to pay obligations early buyers are offered discounts by a seller?

As an incentive to pay obligations early buyers are offered discounts by seller


What type of online auction involves one seller and multiple buyers?

The type of online auction that involves one seller and multiple buyers is called a "forward auction."


What is the difference between buyer's market and seller's market?

The difference between a buyers market and a sellers market is all about supply and demand. All about when a market is red hot, and buyers have low interest rates, and they have reason to believe prices are on the rise. This then becomes a seller's market because the buyers have the incentive to get things done. When that is turned around, for example, if there is a negative consumer confidence, if there is some scary news on CNN headline news that's going to drive buyers back out of the market, then suddenly what you have is a buyer's market because the buyers just aren't in the mood to buy, and as a seller, you're looking to work with anybody hoping to produce a reasonable offer.


Does eBay send you a check when you sell something?

No. eBay merely acts as a "platform" (as they say), so the transaction is just between the buyer and seller. Most buyers will want to pay for their items with PayPal, in which case the money will go to the seller's PayPal account and it can either be spent from there, or drawn down to the seller's bank/checking account. Some buyers will prefer to pay by check/cheque if that's acceptable to the seller, in which case the check is sent direct from the buyer to the seller.


In undivided interest of property if all are on the note and 1 decides to stop paying their share of the note Can the others foreclose on that person and take their share away from them?

The answer is most likely "no". The relationship which gives rise to the power to foreclose is between the lender or seller and the buyer or buyers, not between joint buyers. The relationship between buyers, or joint owners will determine among them how to enforce joint payment of the mortgage. Is there a contract between the buyers? Is it written or oral? If oral is there a documented practice between the buyers? How this is resolved will depend on what state the property is located in.


Why does a buyers market turn into a sellers market?

a buyers market turns into a seller's market when the houses are worth more than the buyers paid for them in the first place


Why a buyers market turn into sellers market?

a buyers market turns into a seller's market when the houses are worth more than the buyers paid for them in the first place


Distinguish between general equilibrium partial equilibrium analysis?

Partial Equilibrium, studies equilibrium of individual firm, consumer, seller and industry. It studies one variable in isolation keeping all the other variables constant.General Equilibrium, studies a number of economic variable, their inter relation and inter dependencies for understanding the economic system.


What is the difference between sellers' market and buyers' market?

The difference between a buyers market and a sellers market is all about supply and demand. All about when a market is red hot, and buyers have low interest rates, and they have reason to believe prices are on the rise. This then becomes a seller's market because the buyers have the incentive to get things done. When that is turned around, for example, if there is a negative consumer confidence, if there is some scary news on CNN headline news that's going to drive buyers back out of the market, then suddenly what you have is a buyer's market because the buyers just aren't in the mood to buy, and as a seller, you're looking to work with anybody hoping to produce a reasonable offer.