2006-10-21 20:30:38 · 11 answers · asked by Nana T 1 in Social Science ➔ Economics
no. Depend from market
2006-10-21 20:33:29 · answer #1 · answered by Anonymous · 4⤊ 0⤋
Yes and no. Sellers have the OPTION of holding out for their price, or choosing not to sell if they can't get it. On the other hand, if a market is running in a buyer's favor because supply exceeds demand - like the housing market today, for instance - then the seller can be said to NOT have control over price.
2006-10-22 03:39:48 · answer #2 · answered by ? 6 · 0⤊ 0⤋
No you have to look to the law of supply and demand they can only charge as much as a person is willing to pay for a object. If no one will pay X dollars for objsect Y then the seller must reduce the price on object Y to a price where they can amke a profit and still move product.
2006-10-22 03:41:27 · answer #3 · answered by Timothy C 5 · 0⤊ 0⤋
what are you talking about price of what where? some sellers have some controll over price some don't. It depends on what's happening in the marketplace with tings like cost of supplies changes in technology changes in laws ect... Just remember the people selling things have to pay bills and put food on the table too.
2006-10-22 03:35:29 · answer #4 · answered by keoni_21 3 · 0⤊ 0⤋
Buyers control prices by looking for sellers that are willing to accept a lower price.
Take care,
Troy
2006-10-22 03:40:23 · answer #5 · answered by tiuliucci 6 · 0⤊ 0⤋
Not Always!
You will the Costing of any item is solely based on what the Consumer thinks is fair Price!
And Consumer Power has lead to massive reductions in certain items that were once Massively over priced!!
2006-10-22 03:33:45 · answer #6 · answered by J. Charles 6 · 0⤊ 0⤋
No. In a perfect competition, sellers are price takers.
2006-10-23 04:31:44 · answer #7 · answered by fumes_lxf 1 · 0⤊ 0⤋
they always have control on price, However , you the buyer has control on weather the item is bought or not. If You dont like the price, dont buy it
2006-10-22 03:33:18 · answer #8 · answered by robug 3 · 2⤊ 1⤋
Depends on how badly you think you need to buy the product.
2006-10-22 03:32:41 · answer #9 · answered by dot&carryone. 7 · 0⤊ 1⤋
It depends on you. What do you like? and what are your believes!!!
2006-10-22 03:45:08 · answer #10 · answered by Laughy kiLLer 1 · 1⤊ 0⤋