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Q: The name for the rivalry among buyers and sellers in the purchase and sale of resources is called?
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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.


In theory the use of resources in capitalism is left to whom?

buyers and sellers


What are the benefits of direct marketing to both buyers and sellers?

There are various benefits of direct marketing to both he buyer and seller. Sellers can choose their market and buyers can easily purchase products.


What condition has been reached if buyers purchase exactly as much as sellers are willing to sell?

equilibrium


Why there is a large number of sellers and buyers in monopolistic competition?

large numbers of buyers and sellers


How Important Is a Business Broker to Buyers and Sellers?

A business broker can be extremely important to both buyers and sellers for a number of reasons. For sellers, a broker can help them to value their business, find potential buyers, and negotiate the sale. For buyers, a broker can help them to find businesses that match their criteria, understand the financials and valuation of a business, and negotiate the purchase price. In either case, a broker can save a lot of time and headache for both parties.


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 facilitates company-to-company exchanges of invoices purchase orders and price quotations between buyers and sellers?

One of the oldest application of technology to business transactions is electronic data interchange (EDI), computer-to-computer exchanges of invoices, purchase orders, prices quotations and other sales information between buyers and sellers.


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One cannot purchase anything from PartsBase. PartsBase is the connection between sellers and buyers. PartsBase offers one parts from various companies.


Numbers of sellers in a market?

perferct competition are a large number of buyers and sellers.


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.