if we have too many buyers of fish in the market,what is likely to happen?
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Answered by
87
Answer:
if there were too many buyers of fish in the market the main likely thing that would happen would be that the fish sellers would suffer more profit and less loss because would be selling fish there all the time and virus might spread.
Answered by
59
If we have too many buyers of face in the market then the following things will most probably happen -
- First of all, we have to assume that the stock of the fish market is limited for that certain time when there is excessive amount of buyers.
- Now, the obvious thing is that the whole stock will run out sooner or later, as there is enough amount of buyers present in the market. If the buyers are greater than the available stock then many buyers may not get their necessary fish due to stock unavailability.
- So, the sellers will surely gain significant amount of profit and the chances of loss will be significantly decreased.
- As a future consequence, the sellers in the market will bring more amount of stock from the next day by expecting the same amount of buyers in the next day also.
- As a final result, both the wholesaler and retail market of the fish, will be benefited.
- If this huge amount of buyers becomes constant thing tor long time period, then there will be elevation in the condition of the fish industry. Else, it will be considered as a short term benefit.
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