when there are few sellers?
109363
In an oligopoly, a few sellers supply a sizable portion of products in the market. They exert some control over price, but because their products are similar, when one company lowers prices, the others follow. In a monopoly, there is only one seller in the market.
569887
["Find out how long the property has been on the market. See if you can work out why it hasn't sold.", 'Think about the future and moving on. Will the property be easy to sell? Will it go up in value?', 'Compare the price of the property to similar ones in the area and further afield.']
34741
“It's a good time to buy an investment property if you can find inventory at a good price,” said Daren Blomquist, vice president of market economics at real-estate website Auction.com. ... That meant there were roughly 189,000 fewer homes on the market last month than during the same period in 2019.
1451992
Consumers are particularly price-responsive when: there are few substitute goods available for a product, and they have a short time horizon to adjust their consumption. it is difficult to substitute across suppliers and prices are high. prices are low and they have little time to change their consumption patterns.
1375885
If they end up receiving enough interest and multiple offers, then it is likely that the property will sell above market value as some buyers will be basing their price partially on the listing price.
272256
eBay is still one of the most popular options for listing and selling items quickly. And because it is an auction site, sellers are often able to get more than the item is actually worth. ... Just over 10 percent of all retail sales are via ecommerce, and sales are projected to reach $4.5 trillion in 2020.
339707
That's significant. Interestingly, while the site allows up to 100 photos per listing, they're not able to say how many photos are actually effective at getting a buyer to act.
948046
If you only have a few items to sell, eBay is probably the better choice. It won't cost anything to list your items, and the little bit of work involved in setting up a listing won't matter much if you're only creating a couple of them.
911302
Buyers and sellers are price-takers. This feature follows from the assumption of an identical good and many buyers and sellers -- so no buyer or seller can influence the price. No barriers to entry, so in the long-run firms can freely enter or exit the market whenever firms are realizing profits or losses.
43575
You're having few showings Speaking of showings, the foot traffic coming through the door is a great indicator of the attractiveness of your list price. Open house and showing traffic tend to drop off after the first two weeks, so you'll know pretty quickly if your price isn't resonating with buyers.
368202
Amazon is erupting when it comes to how many music cassettes are sold online. ... In the end, you can make money from old music cassettes, but not every music cassette is valuable, which is why you want to check the rarity first. If they are very rare, then you will most likely want to sell them as quickly as possible.
59761
['There are many buyers and sellers in the market.', 'Each company makes a similar product.', 'Buyers and sellers have access to perfect information about price.', 'There are no transaction costs.', 'There are no barriers to entry into or exit from the market.']
1340941
Supreme under-produces to the demand, creating a huge resale market and exclusivity associated with the brand. Some sellers have flipped items for over 20 times the original prices.
1371513
['A single seller.', 'No substitutes.', 'Barriers to entry.', 'Almost complete control of market price.']
323682
Unless you are listing about 350 items a year, per item, Etsy is cheaper and their commission is a lot less when you manage to sell the item. ... It could be that sales in Folksy are spread across more sellers. Or you might find it hard to get noticed in Etsy while it could be easier in Folksy.
212419
['Find the total number of active listings on the market last month.', 'Find the total number of sold transactions for last month.', 'Divide the number of active listings by the number of sales to determine the number of months of inventory remaining.']
679482
Another assumption would be - street vendors might be having a hard time to make a good sell during day time due to warm climate. A lot less people have patience in a hot weather to take some time and enjoy a delicious kulfi right. Definitely I wont be standing in such a warm climate just for a kulfi.