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Market forces generally is taken to mean the determinants of supply and demand. Generally where supply and demand meet is the equilibrium price ie optimum price for a given product. If either the supply or demand changes then the price will be affected. For example, currently we have a demand for housing which cannot be met with the existing supply (as well as the fact of having low interest rates) so with each sale of property the price goes up. This continued for some time until we had the credit crunch and the supply of money (mortgages) became severely restricted thereby reducing the demand for property and ultimately prices are coming down (except for London).
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Evaluate price and output determination under imperfect market structure?
Would it not be a Monopolistic with imperfect market structure
What is price-based market system?
Price based market system strictly depends on the laws of demand and supply. No influence by any outside force because market by itself has the force decide. It effectively helps in sorting out the deficit commodity for the needy.
Write notes price determination of demand 400 words?
Write notes price determination of demand 400 words
Process of price determination?
Price is determined at the point of equilibrium. Equilibrium is a point of balance. In other words, equilibrium is the point at which quantity demanded and quantity supplied is equal. That is, market equilibrium refers to a condition where a market price is established through competition such that the amount of goods or services sought by buyers is equal to the amount of goods or services produced by sellers. This price is called equilibrium price.
What are the strength and weaknesses of law of supply and demand as regards to price determination?
The law of supply and demand effectively explains how prices are determined in a market economy, as it illustrates the relationship between the availability of goods (supply) and consumer desire (demand). A strength of this law is its ability to predict price fluctuations based on changes in market conditions. However, a weakness lies in its assumptions of perfect competition and rational behavior, which may not hold true in real-world situations, leading to market inefficiencies and distortions. Additionally, external factors such as government regulations and market monopolies can further complicate price determination beyond basic supply and demand dynamics.
Evaluate price and output determination under imperfect market structure?
Would it not be a Monopolistic with imperfect market structure
What is price market system?
Price based market system strictly depends on the laws of demand and supply. No influence by any outside force because market by itself has the force decide. It effectively helps in sorting out the deficit commodity for the needy.
What is price-based market system?
Price based market system strictly depends on the laws of demand and supply. No influence by any outside force because market by itself has the force decide. It effectively helps in sorting out the deficit commodity for the needy.
How does a market force come about?
A market force comes about by creating the supply for a specific demand. The supply and demand represent the influence of buyers and sellers on the price and quantity of the goods and services provided by the market.
Discuss two main factors that might influence the market price of a public listed company share?
market force and company's 'value'.
What is market based pricing?
Price based market system strictly depends on the laws of demand and supply. No influence by any outside force because market by itself has the force decide. It effectively helps in sorting out the deficit commodity for the needy.
Write notes price determination of demand 400 words?
Write notes price determination of demand 400 words
Process of price determination?
Price is determined at the point of equilibrium. Equilibrium is a point of balance. In other words, equilibrium is the point at which quantity demanded and quantity supplied is equal. That is, market equilibrium refers to a condition where a market price is established through competition such that the amount of goods or services sought by buyers is equal to the amount of goods or services produced by sellers. This price is called equilibrium price.
The most important influence on supply is?
The answer choices for this question weren't provided. But the most important influence on supply is demand. Supply and demand is an economic model of price determination in a market.
What are the strength and weaknesses of law of supply and demand as regards to price determination?
The law of supply and demand effectively explains how prices are determined in a market economy, as it illustrates the relationship between the availability of goods (supply) and consumer desire (demand). A strength of this law is its ability to predict price fluctuations based on changes in market conditions. However, a weakness lies in its assumptions of perfect competition and rational behavior, which may not hold true in real-world situations, leading to market inefficiencies and distortions. Additionally, external factors such as government regulations and market monopolies can further complicate price determination beyond basic supply and demand dynamics.
When the market price is above equilibrium price the market price will be driven up by?
A
Is stock of crops are valued at cost price or market price?
market price
