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In a market with many sellers businesses compete for customers by offering and .?
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What is Competitive market system?
A competitive market is one that has multiple buyers and sellers. This means there is no single vendor or consumer who has absolute control over the price in the market. In such a market, businesses openly compete for market share.
How do markets operate?
A market operates by sellers offering goods and services for sale which are bought by buyers.Hope i helped :D
Why does competition among sellers result in better customer service?
Companies use good service to attract customers.
In a Circular Flow Model consisting of the Household Sector The Business Sector Product Markets and Resource Market...?
Businesses are sellers of products.
What is the difference in a reverse auction and an ordinary auction?
Interesting question. Here goes. A reverse auction is a type of auction in which the roles of buyers and sellers are reversed. In an ordinary auction (also known as a forward auction), buyers compete to obtain a good or service, and the price typically increases over time. In a reverse auction, sellers compete to obtain business, and prices typically decrease over time.
Who is a seller?
Someone who sells to other businesses (as opposed to someone who sells to private customers and is called a retailer). Almost all factories are whole sellers: they sell only to companies (shops, dealerships etc.) that in turn sell the products to you and me.
Who is a whole seller?
Someone who sells to other businesses (as opposed to someone who sells to private customers and is called a retailer). Almost all factories are whole sellers: they sell only to companies (shops, dealerships etc.) that in turn sell the products to you and me.
How would you describe an advertising agency?
Advertising agencies are independent businesses that evolved to develop, prepare, and place advertising in advertising media for sellers seeking to find customers for their goods, services, and ideas (American Association of Advertising Agencies, 2000).
Prohperty is a website where sellers who want to sell their ventures, villas, flats and land to customers and customers who want buy?
Prohperty a website where sellers who want to sell their ventures, villas, flats and land to customers and customers who want buy properties can search for various properties in our website in various locations. For any information about this contact +91 9059656700
Why do buyers and sellers conduct businesses on the black market?
sellers want to make extra money and buyers may want something cheaper or get something that is illegal
Is there a directory online that will list good places nearby to purchase prepared meals?
Yes, the Yellow Pages (www.yellowpages.com) will list a variety of prepared meal sellers in your area. In addition to offering the businesses' locations and phone numbers, the site will offer reviews on these companies as well.
What is Competitive market system?
A competitive market is one that has multiple buyers and sellers. This means there is no single vendor or consumer who has absolute control over the price in the market. In such a market, businesses openly compete for market share.
How do markets operate?
A market operates by sellers offering goods and services for sale which are bought by buyers.Hope i helped :D
What happens during a reverse auction?
In a reverse auction sellers are in competition to obtain the buyers business. The name reverse auction is apt because the role of buyers and sellers is reversed and instead of prices escalating, the prices generally go lower as sellers compete for the buyer's business.
What are some affects to the market supply curve?
cost of labor a change in the demand for the product the number of sellers offering the product
Why does competition among sellers result in better customer service?
Companies use good service to attract customers.
Where can I find a new vehicle?
Autotrader is listed above all other quarries in the used automobile segment. Sellers are more compelled to compete with other sellers on the site to ensure selling their car. Which gives cars more 'bang for your buck'.
