market where no single buyer or seller can influence the price is
举一反三
- In a competitive market, no single producer can influence the market price because A: many other sellers are offering a product that is essentially identical. B: consumers have more influence over the market price than producers do. C: government intervention prevents firms from influencing price. D: producers agree not to change the price.
- The<br/>lowest price that ensures a continuous supply of the proper quality<br/>where and when needed and allows the supplier to make a reasonable<br/>profit, is commonly known as() A: a market price. B: a cost-based price. C: a buyer’s market price. D: a seller’s market price. E: a fair price.
- A tax placed on a product causes the price the buyer pays A: . and the price the seller receives to be higher. B: . and the price the seller receives to be lower. C: . to be lower and the price the seller receives to be higher. D: . to be higher and the price the seller receives to be lower.
- What should be made clear when the seller and the buyer talk about price during business negotiation? A: The trade terms and the price adjustment B: The liabilities of the seller and the buyer C: The commission and/or discount in the quoted price D: All of above
- A price negotiation is a situation in which a buyer and a seller work to determine a price that's acceptable to both parties.