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 2024 final Result 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.
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
Question : Bilateral monopoly refers to the market situation of
Option 1: Two sellers , two buyers
Option 2: One seller , two buyers .
Option 3: Two sellers and one buyer .
Option 4: One seller and one buyer.
Question : The demand for labour is called
Option 1: Market demand .
Option 2: Direct demand .
Option 3: Derived demand .
Option 4: Factory demand .
Question : Which of the following is done at a stock exchange?
Option 1: Commodities are brought and sold at wholesale prices.
Option 2: Commodities are bought and sold at retail prices.
Option 3: Securities are bought and sold.
Option 4: None of these
Question : In which market firm, a market or an industry is dominated by a single seller?
Option 1: Oligopoly
Option 2: Monopoly
Option 3: Duopoly
Option 4: Monopolistic competition
Question : Situation analysis is useful for:
Option 1: analysis of capital market
Option 2: SWOT analysis
Option 3: security market
Option 4: gilt-edged market
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile