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What are go-betweens that bring buyers and sellers together?
Brokers.
What is the term in economics by which a group of buyers and sellers of a product come together to trade?
market
Why there is a large number of sellers and buyers in monopolistic competition?
large numbers of buyers and sellers
Which of the following best describes the concept of equilibrium price?
A. Sellers are happy with the price, but buyers are unhappy with the quantity. B. Sellers are unhappy with the price, but buyers are happy with the quantity. C. Both sellers and buyers are unhappy with the price and quantity. D. Both sellers and buyers are happy with the price and quantity.
An economy in which the buyers and sellers determaine what goods are produced is called?
A Free Market is where buyers and sellers determine what goods or produced.
What is Net Market Place?
Net marketplace is a digital market place operated over the Internet. It brings together potentially thousands of sellers and buyers into a digital mall.
What are go-betweens that bring buyers and sellers together?
Brokers.
What is the term in economics by which a group of buyers and sellers of a product come together to trade?
market
Why there is a large number of sellers and buyers in monopolistic competition?
large numbers of buyers and sellers
Which of the following best describes the concept of equilibrium price?
A. Sellers are happy with the price, but buyers are unhappy with the quantity. B. Sellers are unhappy with the price, but buyers are happy with the quantity. C. Both sellers and buyers are unhappy with the price and quantity. D. Both sellers and buyers are happy with the price and quantity.
An economy in which the buyers and sellers determaine what goods are produced is called?
A Free Market is where buyers and sellers determine what goods or produced.
Why do financial intermediaries exist?
The function of financial intermediaries is to easily and efficiently bring together buyers and sellers of financial assets.
Is the intermediary hub business model describes a business that acts as an intermediary by bringing buyers and sellers together?
Yup. Sure is.
What purpose do commodity exchanges serve?
The commodity exchanges are organizations that are owned by their members for the purpose of bringing buyers and sellers together
Numbers of sellers in a market?
perferct competition are a large number of buyers and sellers.
What is B2B sell-side?
Here the sellers who cater to fragmented markets such as chemicals and auto components come together to create a common trading place for the buyers. While the sellers aggregate their market power, it greatly eases the buyers search for alternative sources.
What determines how the burden of a tax is divided between buyers and sellers?
The burden of tax is divided between buyers and sellers by the forces of supply and demand.
