Do sellers always have total control over price?

Answer 1

No.
1) The buyer makes the decision to purchase it or not.
2) The seller may be forced to raise the price if their costs go up.
3) Competition may force the seller to lower their price.

Answer 2

No. If an item doesn't sell well there will be a need for a reduction in price and that is controlled by the consumer reaction to the product not by the price the seller wants to put on it.

Answer 3

Manufacturers base their prices off of the raw materials needed to create their product and then add to the price to make a profit for themselves. Retailers buy the products in bulk from the manufacturers and receive a discount for it. They then turn around and sell the products as individual items and add extra to the price to make their product. This is why buying straight from the manufactures or in bulk for BJ's or another wholesale seller is cheaper than from a retailer. So sellers do have control on their prices and they can determine what price to sell it at. Smart sellers base their pricing on the price in which they think consumers will pay the most for and also in order to get enough profit to pay off their expensives--utilities, workers, etc..

Answer 4

The buyer makes the decision to purchase it or not.The Buyers have the Control over what they'll pay.It also depend on market.If an item doesn't sell well then there will be a reduction in the price.

Answer 5

yes sellers do always have total control over price.But sometimes people decrease it ( bargain).

Answer 6

Sure.

The Buyers have the Control over what they'll pay.

So, go figure it out.

Answer 7

No. They have to factor in supply and demand, too.

Answer 8

depend on market

Answer 9

not always