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What else can I help you with?
Orcording to law if you have high supply with low demend you get lower prices?
When supply is greater than demand, consumers are at liberty to choose from their many options. This leads to sellers lowering their prices to remain competitive, and entice customers to choose them.
Economic rivalry among sellers for the consumers' dollars is called?
competition
What is the struggle between buyers and sellers to get the best products at the lowest prices?
That Would Be COMPETITION
How does a tax levied on the sellers of a good shift the burden of taxation?
When a tax is imposed on sellers of a good, they often pass on the cost to consumers by raising prices. This shift in burden results in consumers paying more for the product, ultimately bearing the brunt of the tax.
Why does competition among sellers result in better customer service?
Companies use good service to attract customers.
Orcording to law if you have high supply with low demend you get lower prices?
When supply is greater than demand, consumers are at liberty to choose from their many options. This leads to sellers lowering their prices to remain competitive, and entice customers to choose them.
Economic rivalry among sellers for the consumers' dollars is called?
competition
What is the retailing sector?
retailing sector is comprise of whole sellers managers and consumers.
What is the struggle between buyers and sellers to get the best products at the lowest prices?
That Would Be COMPETITION
How does a tax levied on the sellers of a good shift the burden of taxation?
When a tax is imposed on sellers of a good, they often pass on the cost to consumers by raising prices. This shift in burden results in consumers paying more for the product, ultimately bearing the brunt of the tax.
What is the needs of consumer?
Consumers are always exploited by traders and sellers. Consumer awareness is needed to prevent the exploitation of consumers by traders and manufacturers. Consumers must also be made aware of their rights and duties.
Why does competition among sellers result in better customer service?
Companies use good service to attract customers.
What is the communication between buyers and sellers called?
When consumers pay high prices, producers know that they are using their ___________ well.
In a market with many sellers businesses compete for customers by offering and .?
In a market with many sellers, businesses compete for customers by offering better prices and enhanced product features or services. They may also focus on improving customer service, increasing convenience, and implementing effective marketing strategies to differentiate themselves. This competition drives innovation and can lead to better quality and value for consumers. Ultimately, the goal is to attract and retain customers in a crowded marketplace.
What is the best way for consumers to inform sellers of their wants?
To send in a business request or complain. Also a phone call. They are all the same
What is one component necessary for a market to work?
One essential component for a market to function effectively is competition. Competition among sellers encourages innovation, improves product quality, and helps keep prices in check, benefiting consumers. Additionally, a competitive environment fosters efficiency, as businesses strive to attract customers and maximize their profits. Without competition, markets can become monopolistic, leading to higher prices and reduced choices for consumers.
What laws protect consumers and sellers?
It is my intellectual theories that lead me to believe that laws passed that were protected for consumers and sellers are on Sacremento Florida. seriously, that city has writing all over it. anyways, got to go back to my job. I AM A LAUNDRY MAT OWNER because i failed in school. stay in school kids so you dont end up like me.
