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Q: Why are the pearl buyers excited to buy a pearl at the lowest price even if they do not stand to profit directly from the sale?
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In the book the pearl why are the pearl buyers excited about the pearl?

The pearl buyers are excited about the pearl because of its exceptional size and beauty, making it a rare find in the market. They see great potential for profit in the pearl and are eager to acquire it for a good price.


How do buyers and sellers determine prices?

Buyers don't determine prices directly unless at a lcoal market/yard sale. Sellers determine the price of an object by factors such as supply, demand, and maximum profit.


Following strategies for reaching global markets involves the lowest risk and offers the lowest profit potential?

franchising


Why did many investors buy stocks on speculation in the late 1920s?

Buyers hoped to make a quick profit.


How do buyers make money buying gold?

Gold buyers (meaning the "cash for gold" guys) buy scrap gold and silver items below market value (25% or more below). Then they resell it at almost full market value to specific companies (not the companies you see on tv--those are just other gold buyers). They can also resell quality items back to the public above market value. The basic profit equation is much like any retail business. Sell Price - Buy Price = Profit Operating costs are also a factor. However, many gold and silver buyers are mobile, without a store/shop, so this cost is minimal. Market downturns don't play a big role because of gold buyers' large profit margin. On the other hand, the upturns gain them a little profit. It evens out over time. Visit the link below for a more detailed explanation of gold buyers.


What does gross profit include?

* + Net Sales * - Cost of Goods Sold (Expenses directly related to the goods that were sold) * ----------------------------------------------- * = Gross Profit


Show the characteristic of monopoly competition?

* A large number of buyers. * Only one seller/producer. * The producer/seller want to maximize his profit.


What is market according to economics?

market is a place where lots of buyers and sellers come in direct contact with the intentions of serve services and earn higher profit....


How can a company profit from a podcast directly?

Basically all Podcasts are free, They can not make money directly. But you can use that increase more traffic on your site.


Invisible hand application to Philippine economy?

Divisoria. That's why the prices are so low because everyone is trying to profit against thousands of more buyers.


How can I get involved with At-Risk youth programs?

The easiest way is to find the programs in your area and contact them directly. I'm sure they would be very excited to have someone help. VolunteerMatch.org and Idealist.org are two non-profit sites that deal with volunteering and community support. They have great resources, and would be a great way to find a volunteer opportunity.


Who would capture slaves in Africa?

The African tribes that defeated other African tribes did and would keep them captive and then profit by selling them to buyers like the American colonists.