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July 29, 2015

Homework Help: Economics

Posted by Chrissy on Monday, March 26, 2007 at 6:56pm.

What is the difference between a buyer's market and a seller's market? How can a buyer's market turn into a seller's market?

In a buyers market, the buyers have all/most of the bargaining advantages. Buyers can often get the "proverbial" good deal. Sellors markets are the opposite; the sellers have the bargaining advantages.

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