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goji.go goji.go
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Posts: 5977
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10 years ago
In a "seller's market" ________.
A) demand exceeds supply
B) suppliers are anxiously looking for a wider range of outlets for their goods and services
C) customers have the final choice on product specifications
D) there is a limited demand for good quality products
E) supply exceeds demand
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Diesel
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bbb
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#1
10 years ago
THE ANSWER IS A. When customer demands are greater than the supply of goods offered, the suppliers of those goods have the advantage. This is called a "seller's market" and it means that the demand is greater than the supply. Sellers can call the shots, as it were, by pricing to their own advantage and creating products that suit their production demands rather than the demands of the buyers. During the production concept era, it was a seller's market and the prevailing business sense was that good-quality products would sell themselves.
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goji.go Authorgoji.go
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10 years ago
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Diesel

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