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Which of the following is a determinant of market supply curve but not a determinant of an individual seller's supply?
Wiki User
∙ 10y ago
number of sellers
Wiki User
∙ 10y ago
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What are the determinant of supply?
The determinant of supply can be listed as follows: - goal of the firm - price of the goods - price of inputs - technology - price of related goods - expectation of producers - government policy
How can specialization benefit both buyers and sellers in a free market economy?
In a free market economy, specialization benefits buyers by meeting individual needs. Specialization benefit sellers by creating a sector that is not profitable for big business.
Why does a perfectly competitive market require many participants as both buyers and sellers?
So no individual can control the price.
Which market is the most competitve in economics?
A perfectly competitive market: 1) many buyers and sellers 2) no individual has influence over the market: buyers and sellers are price takers. 3) no barriers to entry 4) goods are perfect substitutes (no differentiation between products)
A decrease in the number of sellers in the market causes what?
If the number of sellers in a market increases the
What are the determinant of supply?
The determinant of supply can be listed as follows: - goal of the firm - price of the goods - price of inputs - technology - price of related goods - expectation of producers - government policy
How can specialization benefit both buyers and sellers in a free market economy?
In a free market economy, specialization benefits buyers by meeting individual needs. Specialization benefit sellers by creating a sector that is not profitable for big business.
Why does a perfectly competitive market require many participants as both buyers and sellers?
So no individual can control the price.
Which market is the most competitve in economics?
A perfectly competitive market: 1) many buyers and sellers 2) no individual has influence over the market: buyers and sellers are price takers. 3) no barriers to entry 4) goods are perfect substitutes (no differentiation between products)
A decrease in the number of sellers in the market causes what?
If the number of sellers in a market increases the
What are the significance of the determinant of stock price in nigeria capital market?
list of the determinats of stock market
Who is involved in free market system?
A true free market system comprises buyers and sellers who are fully informed but also have no individual control over price. There is no such thing as a true free market economy anywhere in the world.
What economic system allows buyers and sellers to act in their individual interests?
free trade system, sometimes also called a free market system.
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
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.
Numbers of sellers in a market?
perferct competition are a large number of buyers and sellers.
When a binding price floor is imposed on a market to benefit sellers?
some sellers benefit and some sellers are harmed.
