Economics · Market Structures
In economics, a 'Buyer's market' denotes a market condition where:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The demand exceeds the supply
- 2The supply exceeds the demand✓
- 3Commodities are only available at fixed monopoly rates
- 4The demand and supply are perfectly balanced
Correct answer
The supply exceeds the demand
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