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What is it called when buyers will purchase the same amount sellers are willing to sell?
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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.
What condition has been reached if buyers purchase exactly as much as sellers are willing to sell?
equilibrium
What do you call the amount of goods that buyers are willing and able to purchase?
Demand
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.
Why market prices are better than government determined prices?
Market prices tend to an equilibrium where buyers' demand for the good is worth less than the sellers' cost of supplying the good. Put another way, buyers are willing to pay less than the amount producers are willing to accept. Government sets its prices above or below this point. If the price is above the equilibrium buyers will demand less than producers supply. On the other hand, if price is below the equilibrium sellers will supply less than buyers demand.
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.
What condition has been reached if buyers purchase exactly as much as sellers are willing to sell?
equilibrium
What do you call the amount of goods that buyers are willing and able to purchase?
Demand
What is bid and ask in foreign exchange?
The bid is the price that the buyers are willing to pay. The ask is the price that the sellers are willing to pay.
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.
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.
Where is the market located?
market is not a place, its a situation. when tere is a buyer with willingness and capablity and sellers willing to sell that is market,but both buyers and sellers has to be more then one
Why market prices are better than government determined prices?
Market prices tend to an equilibrium where buyers' demand for the good is worth less than the sellers' cost of supplying the good. Put another way, buyers are willing to pay less than the amount producers are willing to accept. Government sets its prices above or below this point. If the price is above the equilibrium buyers will demand less than producers supply. On the other hand, if price is below the equilibrium sellers will supply less than buyers demand.
What is a transversal term contract?
A transversal term contract is a contract that allows multiple sellers to provide goods at fixed prices. The contract allows buyers to purchase goods from sellers for a certain amount of time at the prices set forth in the contract.
What is the bid an ask price in commodities?
"Ask" is the price sellers are asking for their commodity. "Bid" is the price buyers are willing to pay.
Why there is a large number of sellers and buyers in monopolistic competition?
large numbers of buyers and sellers
What quantity of goods or service that buyers are willing to purchase at various prices?
supply
