Explain about market buyers

A buyers’ market is a market in that: (w) queuing to secure goods is common. (x) the current market price is below equilibrium. (y) demand exceeds supply. (z) several sellers experience surpluses.

I need a good answer on the topic of Economic problems. Please give me your suggestion for the same by using above options.

View Complete Question

Related Questions in Public Economics

Q : Defining the term Money in Economic I

I need a good answer on the topic of Economic problems. Please give me your suggestion that how is defining Money a form of: (i) basic economic resource. (ii) the capital stock., (iii) financial capital. and (iv) precious metal.

Q : Problem on Private ownership of property

I have a problem in economics on Private ownership of property. Please help me in the following question. The hallmarks of ‘pure’ capitalism are illustrated by the: (1) Absence of productive and allocative efficiency. (2) Interaction of th

Q : Illustrate new public housing rent free

Giving new public housing "rent free" to the poor: (i) makes public housing a free good. (ii) involves no opportunity cost. (iii) is the merely way to shelter the homeless. (iv) only transfers costs from one group to the other. Ple

Q : Administrative estimations of peoples

The requirement criterion of distribution usually entails: (1) Greater production incentives than the other systems. (2) Much difficult administrative estimations of people's requirements. (3) Generation of extreme pollution. (4) Dividing national inc

Q : Fundamental fact of scarcity I want a

I want a good answer on the topic of Economic problems. Please give me your suggestion that the basic fact of scarcity means that every decision includes: (i) Limitless time. (ii) Production costs. (iii) Restricted wants. (iv) Limitless resources (v)

Q : Opportunity or alternative costs when

Can two ever live as inexpensively as one? What is the opportunity or alternative costs when marrying someone you love?

Q : When is an economic system economically

An economic system is economically efficient when: (w) economic inequity has been removed. (x) any gains to someone through several possible rearrangement of goods or resources would need losses on the part of someone else. (y) more o

Q : Who thought Murderers do more harm than

Murderers do more harm than shoplifters; therefore they must be punished proportionally more harshly as per the school of thought developed through: (i) medieval scholar Thomas Aquinas. (ii) Chinese leader Mao Zedong. (iii) lawyer and social reformer Jeremy Bentham. (

Q : Economic goals of all economic activity

Adam Smith believed about the ultimate suitable objective of all economic activity is to maximizing: (w) wealth and power of the national government. (x) satisfaction of individuals by giving people along with the goods they want. (y) employment oppor

Q : Ratios of proportional changes in

he ratios of proportional changes within related variables are expressed numerically termed as: (1) interdependency coordinates. (2) best linear unbiased estimators (BLUE). (3) elasticity coefficients. (4) relative betas. (5) beta feedback estimates.

Discover Q & A

Leading Solution Library

Avail More Than 1425894 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1923720
Asked

3,689

Active Tutors

1425894

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment