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What does the income effect indicates?
It indicates that a lower price increases the purchasing power of a buyer's money income, enabling the buyer to purchase more of the product than before.
What are the sources of monopsony power?
Monopsony power arises when a single buyer dominates the market for a particular good or service, leading to reduced competition among buyers. Key sources include a lack of alternative buyers, unique buyer characteristics that create barriers for sellers, and the ability to influence prices due to the buyer's significant market share. Additionally, factors such as geographic concentration of buyers and the differentiation of products can further entrench monopsony power.
In a perfectly free competitive market no buyer or seller has the power to significantly affect the price of a good.?
This is true
How buyer maximize their satisfaction?
how buyer maximize satisfaction
Who is the largest buyer of oil in the world?
china is the largest buyer
Who was the first buyer of the dodge power wagon?
u s army
What does the income effect indicates?
It indicates that a lower price increases the purchasing power of a buyer's money income, enabling the buyer to purchase more of the product than before.
What are the different type of buyer?
need buyer excitement buyer like buyer prestige buyer
In a perfectly free competitive market no buyer or seller has the power to significantly affect the price of a good.?
This is true
What is low buyer power?
Low buyer power refers to a situation where buyers have minimal influence over prices or terms in a market due to factors such as limited choices, high switching costs, or lack of information. This can result in sellers having more control over pricing and conditions.
What is porters five forces model?
1. Supplier's power 2. Threat of subtitute 3. Buyer's power 4. Barrier's to entry 5. Rivalry
How is the buyer power of sony ericssion mobile phones in Denmark?
there made in china then shiped down to denmark to be sold.
What is difference between the actual buyers and potential buyers?
actual buyer is that which is actual buyer and potential buyer is that which is potential buyer..............
What is the different between actual buyers and potential buyers?
actual buyer is that which is actual buyer and potential buyer is that which is potential buyer..............
If there is a buyer and co-buyer and the buyer does not want the auto can the co-buyer take over the loan because the buyer gets all the credit?
The co-buyer should contact the LENDER and ask to have the buyer removed from the loan. Nothing can be done legally without the LENDERS approval.
Can a co-buyer legally take the car from the primary buyer?
No, a co-buyer cannot legally take the car from the primary buyer without the primary buyer's consent or a court order.
If the buyer stop making payment will the co-buyer or the buyer be responsible for the loan?
yes
