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What is The act of buyers and sellers freely and willingly engaging in transaction?
Wiki User
∙ 6y ago
variable costs
the right answer is ....voluntary exchange
Wiki User
∙ 13y ago
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What do both buyers and sellers gain from a voluntary exchange?
The act of buyers and sellers freely and willingly engaging in market transactions. Moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange then before it occurred.
Why there is a large number of sellers and buyers in monopolistic competition?
large numbers of buyers and sellers
What is the role of a real estate principal?
A principal is the main party in a transaction. The buyer and seller are the principals in a real estate transaction. Their roles are self-explanatory. Buyers and sellers are the driving force behind the real estate market.
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 do both buyers and sellers gain from a voluntary exchange?
The act of buyers and sellers freely and willingly engaging in market transactions. Moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange then before it occurred.
What is place marketing?
It is a place where buyers and sellers meet and do transaction.
What is online market place?
It is a place where buyers and sellers meet and do transaction.
How would you describe transaction uncertainty in the marketing channel?
Transaction uncertainty relates to imperfect channel flows between buyers and sellers.
The characteristic of capitalism that buyers and sellers will freely and willing exchange in market transaction is called?
The characteristic of capitalism where buyers and sellers freely and willingly exchange in market transactions is referred to as voluntary exchange. This principle is at the core of capitalist economies, allowing individuals to participate in trade based on mutual consent and self-interest.
What is the terms for the acts of buyers and sellers freely engaging in the market transactions?
variable costs the right answer is ....voluntary exchange
How do potential buyers evaluate potential sellers in eBay?
Both buyers and sellers are given chance to leave feedback on the transaction. Although it's only limited to 80 characters, it's a chance to let others know about the transaction. Each user's feedback comments are publicly available for anyone to read.
How does tax share between buyers and sellers?
The tax is shared by both buyers and sellers when they carry out a transaction. If a seller is selling car, he will have to pay a tax on the income generated while buyer will pay tax on the posession and use of vehicle.
The ability to sell an asset quickly at a fair price is associated with?
An orderly market with sufficient liquidity where numerous buyers and sellers can agree on a fair price. You will notice the words "liquidity" and that the plural is used for buyers and sellers. There has to be money available to close a sale and some competition between buyers and sellers to make the transaction somewhat "fair".
Is an independent firm that offers connection and transaction-forwarding services to buyers and sellers engaged in EDI?
value-added-network(VAN)
What is an independent firm that offers connection and transaction-forwarding services to buyers and sellers engaged in EDI?
value-added-network(VAN)
What does an estate broker do?
An Estate Broker is a person who acts as the middle man between buyers and sellers of real estate. They help with the transaction.
