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What is the role of buyers and sellers in determining market clearing prices?
The sellers will determine how much they want the product to cost to make it worth producing. Buyers will determine how much they will spend on the product.
What is the meaning of the term free market?
its a system where the buyers decide what to sell, and for how much and the people decide what they want to buy and for how much. that means that the buyers can chose who they want to buy from.
When buyers will purchase exactly as much as sellers are willing to sell what is the condition that has been reached?
When buyers will purchase exactly as much as sellers are willing to sell, Equilibrium has been reached.
Do buyers and sellers as one group determine demand but only seller determine supply?
Yes. Buyers want a product and those that sell it regulate how much of it they sell to the buyers, therefore controlling the supply as a result of the demand.
Demand is said to be elastic if?
buyers do not respond much to changes in the price of the good.
How much did a wig maker make?
As much as they need to make for the buyers.
What is the role of buyers and sellers in determining market clearing prices?
The sellers will determine how much they want the product to cost to make it worth producing. Buyers will determine how much they will spend on the product.
How much does target make each day?
target makes about 8-10g in 1 day
Does New Mexico have a buyers remorse law?
The link below on Wika - buyers remorse - pretty much says it all buyers remorse is not really a law but a feeling that we experience when we make major purchases of any kind.
How much do X-ray techs make in Alaska?
How much can a X-ray tech coastal villages native corp alaska
What is the meaning of the term free market?
its a system where the buyers decide what to sell, and for how much and the people decide what they want to buy and for how much. that means that the buyers can chose who they want to buy from.
How much money does target make each day?
target makes about 8-10g in 1 day
How much does target make a week?
you get $10 per/hr
How much does checkers make a hour at Target store?
10
How much does a boots beauty advisor make at target?
$15
How much does a target GSA vs GSTL make?
Gsa: $12 Gstl: depends I make 19 but i have been working at target for 3 years.
Why does the government use its power to make sure that business disclose to much information to the public?
To make buyers more knowledgeable and more safer
