The market condition when goods and services are not freely available and thus the prices are relatively high is called

The market condition when goods and services are not freely available and thus the prices are relatively high is called Correct Answer seller's market

The market condition when goods and services are not freely available and thus the prices are relatively high is called seller's market. A seller's market is a market condition characterized by a shortage of goods available for sale, resulting in pricing power for the seller. A seller's market is a term commonly applied to the property market when low supply meets high demand.
Bissoy MCQ

Related Questions

The market condition when goods and services are not freely available and thus the prices are relatively high is called -
Because of the use of Information and Communication Technolgy (ICT) in governmental activities-i. People of a country can avail government services within a shortest possible time. ii. Government services are not available during holidays. iii. The standard of government services can be enhanced.
when demand for factory's products is high . more money is spent at the factory for safety precautions and machinery maintenance than when demand is low. thus the average number of on -the-job accidents per employee each month should be lower during perids when demand is high than when demand is low and less money is available for safety precautions and machinery maintenance .when demand for its products is high, casts the most serious doubt on the conclusion drawn above?
When demand for a factory's products is high, more money is spent at the factory for safety precautions and machinery maintenance than demand is low. Thus the average number of on-the-job accidents per employee each month should be bower during periods when demand is high than when demand is low and less money is available for safety precautions and machinery maintenance. Which of the following,if true about a factory when demand for its product is high casts the most serious doubt on the conclusion drawn above?
Mr. A obtains new registration, voluntary registration, change of scheme from composition to regular scheme and from exempted goods/services to taxable goods/services. He can avail credit on inputs lying in stock. What is the time limit for taking said credit
Form of market efficiency in which stock current prices reflects volume information and historic prices of company is classified as
Unofficial, and usually illegal, system of providing people with more then their share of goods and services where their prices are controlled, is called
An efficient market hypothesis states all public information which is reflected in current market prices is classified as
An efficient market hypothesis states in which all public or private information is reflected in current market prices is classified as
A company specializing in producing mass market cars acquires a company which specializes in financial services. The new company can now offer financial services to its car purchasers. What form of diversification is this?