The determination of price by bargaining between buyers a...
The determination of price by bargaining between buyers and sellers is_______
Sales by Auction
Tender
Higgling and Haggling
Price control
Correct answer is C
Higgling and Haggling is one of the ways price are determined in an imperfect market. The buyer's maximum price and the seller's minimum price provide the "price range of bargaining".
Monetization refers to the ratio of ...
Which of the following is NOT a function of the wholesaler in the distributive channel? ...
Equity shares form the bulk of the capital of a ...
A typical feature of a market economy is that ...
Human want are unlimited because ...
One of the gains by member states of the Economic Community of West Africa is ...