1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Juli2301 [7.4K]
2 years ago
6

In most markets, _____ is determined by the interactions of numerous buyers and sellers.

Business
1 answer:
anastassius [24]2 years ago
4 0

Buyers and sellers interact in a market to exchange commodities, services, or resources. Prices and trade volume are mostly influenced by how buyers and sellers interact in a "market."

The buyer-seller interaction process is viewed as a transaction in and of itself, with potential for numerous outcomes. The buyer-seller interaction, which is compared to the effect of advertising, is assumed to carry out any of the following five functions: raise awareness of each other's expectations about the product or service; remind each other of past successful transactions and their behavioral outcomes; reinforce each other's behavior related to the sale of the product or service; prompt behavioral actions on each other's parts by intensifying expectations; and persuade each other.

To learn more about interactions of buyers and sellers in market here

brainly.com/question/2976497

#SPJ4

You might be interested in
Complete the following sentence: If people think that the price of televisions will decrease in the near future, that belief may
Artemon [7]

Answer:

b. decrease in the demand for televisions today.

Explanation:

Since it is generally believed that, consumers buy more quantity of a particular commodity or product when the price of such commodity is lower and that they buy less, when the price is higher, which is a simple illustration of the law of demand.

Therefore, if people think that the price of televisions will decrease in the near future, that belief may cause a "decrease in the demand for televisions today."

6 0
3 years ago
If the buyer perceives a buyer-supplier relationship is in the desirable region on the purchaser-supplier satisfaction matrix, b
vfiekz [6]

Answer:

The correct answer is the option D: share information to find a mutual solution.

Explanation:

To begin with, the concept known as "Supplier Satisfaction" has long been a dead term for many companies in all the industries, however very recently the acquisition of this method has been implemeted in order to increase the benefits that it brings to understand better the relationship with the costumer. Moreover, the model itself seeks for the proper creation of a high quality relationship established in communication between the costumer and the supplier who is able to make a confortable sale and create and environment suitable for the buyer. That is why that the correct action will be to share information in order to find a mutual solution in the case where the situation is in that desirable region of the matrix.

4 0
3 years ago
explain how the substitution effect in the income effect interact with changes in price to change the quantity of demand
nadya68 [22]

Answer:

I have no idea what is the solution

6 0
4 years ago
ICS provides a standardized approach to the command, control, and coordination of _______ emergency personnel.A. On-sceneB. Off-
san4es73 [151]

Answer:

The correct option is A

Explanation:

ICS refers to the Incident Command System, which is a system that follows a standardized approach or a method or a way to the coordination, command and the control of emergency and provides the common hierarchy and the responders from the agencies could be more effective.

On- scene is the one emergency which become vital part of the situation or activity and in this ICS offers a approach to the coordination, control and command of the emergency personnel.

6 0
3 years ago
A Samoan handicraft company is expanding its market into Australia and New Zealand. The company's director of marketing is resea
Flura [38]

Answer:

Both A) and B)

Explanation:

Samoa is a very small country that consists of two islands, and its population is less than 200 thousand. New Zealand and Australia are therefore, massive countries compared to Samoa, with very different cultures.

The Samoan marketing director should research the geography of New Zealand and Australia because it is very different from Samoan geography. He should also complete a demographic analysis (income bracket, gender, and age fall under this category) in order to profile possible customers.

Finally, cultural aspects and rituals such as those described in point B should also be explored in order to know what to expect from local clients, providers, and business partners, and also, in order to know how to advertise the services. (culture is a crucial factor in determining the type of advertising a company employs).

3 0
3 years ago
Other questions:
  • The Internet raises the bargaining power of customers by: A. reating new opportunities for building loyal customer bases. B. mak
    8·1 answer
  • Glumhoff​'s Packaging Department had the following information at July 31. All direct materials are added at the end of the conv
    13·1 answer
  • What visual aid conveys a professional appearance by allowing the presenter to choose from many color, art, and font options? Sp
    15·1 answer
  • Companies that use aNo ___________ marketing strategy have as many different product variations, brand names, and advertising pr
    5·2 answers
  • The _________ is the content or general message of a conversation or what the conversation is about.
    15·2 answers
  • Holding all other forces constant, when the price of gasoline rises, the number of gallons of gasoline demanded would fall subst
    7·1 answer
  • Company A has a beta of 0.70, while Company B's beta is 0.80. The required return on the stock market is 11.00%, and the risk-fr
    10·1 answer
  • interest is eligible to be capitalized as part of an assets cost rather than being expensed immediately when:
    6·1 answer
  • I need help starting this answer
    7·1 answer
  • The recession of 20072009 made many consumers pessimistic about their future incomes. how does this increased pessimism affect t
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!