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a rapid increase in the population of a city or town.

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11y ago

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Which is most likely to change a buyers market into a sellers market?

The price of building materials suddenly going up.


A rapid increase in the population of a city or town is most likely to lead to which?

A sellers market


What situations is most likely to change a buyers market into a sellers market?

The price of building materials suddenly going up.


What is the meaning of basic market models?

the meaning of market models is competition derived from pure competition meaning many sellers, monopolistic competition meaning most sellers, oligopoly competition meaning few sellers and pure monopoly meaning one seller.


What most likely results from the conditions in the box?

High competition among sellers


What types of business is most likely to use the bricks and clicks business?

Clothing Sellers


What business is most likely to use the bricks and clicks business model?

Clothing Sellers


Which market is the most competitve in economics?

A perfectly competitive market: 1) many buyers and sellers 2) no individual has influence over the market: buyers and sellers are price takers. 3) no barriers to entry 4) goods are perfect substitutes (no differentiation between products)


What types of business is most likely to use the subscription business model?

Newspapers.


What type of business is most likely to use the bricks-and-clicks business model?

Clothing Sellers


What is the origin of a free market system?

The free market system is most closely associated with Economist, Adam Smith. Within a free market system, sellers are free to set prices and compete via the consent of consumers. There is little to no intervention from the government, and sellers are free to operate within market of supply and demand.


What is the relationship among market segmentation?

The relationship among market segmentation is that market segmentation is to identify the group of people most likely to become customers. In order to develop a clear picture of their target market, businesses create a customer profile.