Ask Question
BusinessBusiness
16 January, 22:25

A commodity that buyers and sellers both have will increase the efficiency of the market true or false

+5
Answers (1)
  1. 16 January, 23:01
    0
    That statement is false

    The market could be considered as efficient is the total products that the sellers supplied in the market is suitable to what the buyers need.

    If the commodity is had by both sellers and buyers, there is no need for the buyers to spend money to obtain that commodity, which will lead to market inefficiency.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A commodity that buyers and sellers both have will increase the efficiency of the market true or false ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Rally synthesis inc. manufactures and sells 100 bottles per day. fixed costs are $22,000 and the variable costs for manufacturing 100 bottles are $30,000. each bottle is sold for $1,200.
Answers (1)
This line consists of single-machine stations and is almost balanced (i. e. station rates are nearly equal).
Answers (1)
Tangerine Inc. is evaluating a capital project for investment. The initial cash outflow in Year 0 is $1,500 followed by cash inflow of $500 each year for four years.
Answers (1)
When the fed purchases government securities from a commercial bank, the bank?
Answers (1)
Line Drive Apparel has outstanding accounts receivable totaling $856,000 as of December 31 and sales on credit during the year of $3.4 million.
Answers (1)
New Questions in Business
Which does the news media do? Question 13 options: enable advertising entertain people warn about dangers provide information
Answers (1)
In an example, assume a contractor submits four different proposals to four different customers in a month's time for the amount of each contract valued at $120,000, $50,000, $250,000, and $80,000.
Answers (1)
Mona designs the packages and chooses the brand names for goods produced by her firm. mona is involved in which part of the marketing mix
Answers (1)
1. Job cost sheets can provide information to managers on unit cost trends, the cost impact of continuous improvement in the manufacturing process, the cost impact of materials changes, and the cost impact of direct materials price or direct labor
Answers (1)
We believe in creating loyal customers by providing a superior experience at a great value. We are committed to direct relationships, providing the best products and services based on standards-based technology, and outperforming the competition
Answers (1)
Home » Business » A commodity that buyers and sellers both have will increase the efficiency of the market true or false
Sign Up Forgot Password?