2006-06-05 12:16:14 · 2 answers · asked by the77pct 2 in Education & Reference ➔ Homework Help
the buyers need the things & to c if the price goes down for sellers they can make a profit more then when they buy the things to make the price higher for a profit.
2006-06-05 12:27:37 · answer #1 · answered by aj 2 · 1⤊ 0⤋
The market price may not be the fair market value, which may mean either the market price is too low or too high, compared to what it is really worth (fair market value).
Low Market Price: If the market price compared to the actual value is low it is a buyers market so jump on it and buy it, with anticipation of a future price increase.
High Market Price: If the market price compared to the actual value is high, then sell and and wait to buy back when the price drops.
check for market price on stocks: SIRI and GOOG.
Google was overprice at 470.00 so everyone sold, forcing the price down to 345.00. It is now recovering with people buying and the price is moving up. Soon to be sold, by the ones that bought it at the lower price.
2006-06-05 21:25:33 · answer #2 · answered by SETI 6 · 0⤊ 1⤋