Posted by **ll** on Sunday, April 28, 2013 at 8:26am.

what's the difference between buying rate and selling rate?

- Economics -
**David Kroell**, Monday, April 29, 2013 at 12:56pm
The Buying rate is basically the amount of money people will spend to buy a product. A selling rate is the amount of money that the same person would accept if they sold it to you. Most firms will have a differing Buying and Selling rate in order to make a profit when buying and selling, so that they don't loose money.

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