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What is the role of buyers and sellers in determining market clearing prices?
Wiki User
∙ 9y ago
The sellers will determine how much they want the product to cost to make it worth producing. Buyers will determine how much they will spend on the product.
Wiki User
∙ 9y ago
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The equilibrium price or market clearing price is the price where the intentions of buyers and sellers match. True or False?
True
Why does a buyers market turn into a sellers market?
a buyers market turns into a seller's market when the houses are worth more than the buyers paid for them in the first place
Why a buyers market turn into sellers market?
a buyers market turns into a seller's market when the houses are worth more than the buyers paid for them in the first place
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 is a Bullish market?
Buyers are more than sellers
The equilibrium price or market clearing price is the price where the intentions of buyers and sellers match. True or False?
True
Why does a buyers market turn into a sellers market?
a buyers market turns into a seller's market when the houses are worth more than the buyers paid for them in the first place
Why a buyers market turn into sellers market?
a buyers market turns into a seller's market when the houses are worth more than the buyers paid for them in the first place
Numbers of sellers in a market?
perferct competition are a large number of buyers and sellers.
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 is a set of all potential buyers and sellers?
market
What are the two main participants in the market?
Buyers and sellers
A graph of a perfect market?
where does buyers and sellers meet
What is a Bullish market?
Buyers are more than sellers
How do market-clearing prices act as signals to buyers and sellers?
Most economists see the assumption of continuous market clearing as not very realistic. However, many see the assumption of flexible prices as useful in long-run analysis, since prices are not stuck forever
Why a buyers market turns into a sellers market?
A buyer's market may turn into a seller's market when business is increased. Real estate has these markets for example when buyers have more luck than sellers and vice versa.
What is lucrative market?
A lucrative market is a market which producing wealth for both buyers and sellers.
