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Who benefit from free trade?

both buyers and sellers.


How does voluntary exchange benefit both buyers and sellers?

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Can the oligopoly market structure benefit both consumers and businesses by forging common standards in industries that experience rapid technological change?

The oligopoly market structure can benefit both consumers and businesses by forging common standards in industries because it would provide fewer sellers and more purchasers, which would mean lower prices for everyone and higher profits for the businesses.


How can specialization benefit both buyers and sellers in a free market economy?

In a free market economy, specialization benefits buyers by meeting individual needs. Specialization benefit sellers by creating a sector that is not profitable for big business.


Who benefits from voluntary trade?

Voluntary trade describes a market where buyers and sellers have the right to sell and buy by their own preference or refuse to if they so choose. Both buyers and sellers benefit from this type of trade.


What can be found on the LeadPoint website?

LeadPoint is a company that helps businesses develop leads to improve their bottom line. The company connects buyers and sellers to the benefit of both.


Can one purchase the movie The Chase on the Amazon website?

Yes you can purchase the movie The Chase directly from the Amazon website. You can purchase it both in new and used condition. Prices vary on condition and competitiveness from sellers.


Are carnivores consumers or producers?

they are both consumers and producers


How can one determine the economic surplus in a market?

To determine the economic surplus in a market, calculate the difference between the total value that consumers place on a good or service and the total cost of producing it. This surplus represents the benefit gained by both consumers and producers in the market.


Who benefits free trade?

both buyers and sellers.


Are people primary consumers or secondary consumers?

Humans are omnivores which makes them both primary and secondary consumers.


Which of the following best describes the concept of equilibrium price?

A. Sellers are happy with the price, but buyers are unhappy with the quantity. B. Sellers are unhappy with the price, but buyers are happy with the quantity. C. Both sellers and buyers are unhappy with the price and quantity. D. Both sellers and buyers are happy with the price and quantity.