What is primarily observed in a 'sellers' market'?

Question

General Studies · Market Structures

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Share:

Correct answer

More buyers exist for a fewer number of goods and services.

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Chapter Practice

Want more practice questions on Market Structures?

Solve complete topic-wise tests with detailed solutions on GkGet.

Recommended practice questions in General Studies · Market Structures

Which movement aimed to promote Khadi, a hand-spun and handwoven cloth native to India?

Who were prominent leaders associated with the initial phase of the Telangana Rebellion (1946-1951) against the Nizam's rule and feudal landlords?

What was the immediate trigger for the Revolt of 1857?

Answer 1

There are more sellers than buyers selling their products in the market.

Answer 2

Sellers aggressively compete with each other on price and quality.

Answer 3

More buyers exist for a fewer number of goods and services.

Answer 4

Sellers offer products only to consumers who visit physical stores.

Related Practice Questions