Ask Question
26 May, 09:36

Sellers enter a market looking to make as much money as possible by offering a good or service. buyers enter a market looking to spend as little as possible for a good or service. this interaction determines the

+2
Answers (1)
  1. 26 May, 12:55
    0
    Actually this interactions determines the real spot demand and supply process or the cycle in the form of price actions, which keeps on changing every few minutes until a balance or equilibrium is formed between buyers and sellers for their benefits, then again the demand and supply in the form of bidding and asking starts once again from the equilibrium and hence this cycle repeats always.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Sellers enter a market looking to make as much money as possible by offering a good or service. buyers enter a market looking to spend as ...” 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