Question : Seller market denotes a situation where :
Option 1: Commodities are available at compititive rates .
Option 2: Demand exceed supply .
Option 3: Supply exceed demand .
Option 4: Supply and demand are evenly balanced .
Latest: SSC CGL Tier 1 Result 2024 Out | SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL Tier 1 Scorecard 2024 Released | SSC CGL complete guide
Suggested: Month-wise Current Affairs | Upcoming Government Exams
Correct Answer: Demand exceed supply .
Solution : Correct Answer is Demand exceed supply .
A situation of excessive demand exists. As a result, the product's price increases in order to increase the seller's profit. Sellers are the creators or owners of goods or abilities that can be bought by a customer. They could be either people or companies. Due to this excess of demand over supply, prices are high. The buyer's market, where supply vastly outweighs demand, is the antithesis of the seller's market.
Candidates can download this ebook to know all about SSC CGL.
Result | Eligibility | Application | Selection Process | Preparation Tips | Admit Card | Answer Key
Question : Bilateral monopoly refers to the market situation of
Question : The demand for labour is called
Question : Which of the following is done at a stock exchange?
Question : In which market firm, a market or an industry is dominated by a single seller?
Question : Situation analysis is useful for:
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile