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

rights issue
sinking fund
seller's market
recession

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Answer: Option 3

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.

4 views Answered 2022-09-01 13:21

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