2006-07-20 11:51:14 · 5 answers · asked by Anonymous in Business & Finance ➔ Advertising & Marketing
Buyers market - when prices are low, selection is high, and competition is fierce
Sellers market - when prices are high, selection low, limited competition.
2006-07-20 11:56:58 · answer #1 · answered by 3eleven 4 · 0⤊ 0⤋
Buyer's market is a situation where the buyer is in a commanding position.
Seller's market is a situation where the seller is in a commanding position.
2006-07-21 07:16:17 · answer #2 · answered by m b 1 · 0⤊ 0⤋
a buyer's market is when there is a surplus of an item that isnt selling all that well so the price drops and its the other way around when ever it's a sellers market =)
2006-07-20 18:57:18 · answer #3 · answered by Robert J 1 · 0⤊ 0⤋
These terms refer to imbalances in supply and demand. When there is an over supply it will be a buyers market and when there is an under supply it will be a sellers market.
2006-07-20 19:51:49 · answer #4 · answered by StatIdiot 5 · 0⤊ 0⤋
Buy cheap...sell high ...
2006-07-20 18:55:05 · answer #5 · answered by Gizmo 4 · 0⤊ 0⤋