Tom is an impulsive buyer.

Tom is an impulsive buyer.

Is the customer always right?

Let the buyer beware.

The customer isn't always right.

The buyer pays at an ATM.

Caveat emptor пусть покупатель будет бдителен .

A customer in Mumbai, India inspects food grains before making his purchase.

The buyer doesn t know whether what is being offered is a good car or a lemon.

And the client was saying, no, it's 10,000 a day.

The buyer and seller often find each other through friends.

Primark shopper outraged at woman who brazenly tried on underwear in the middle of the shop

Suppose the seller of a product knows more about its quality than the buyer does, or vice versa.

In these ceremonies the purchaser gave Klein the gold leaf in return for a certificate.

So China, the largest foreign buyer of US government paper, will soon say, enough. Yet another vacuous budget deal, in conjunction with weaker than expected growth for the US economy for years to come, spells a protracted period of outsize government deficits.

The sales person that the customer says, I want that. And the person says, Okay, here you are.

So China, the largest foreign buyer of US government paper, will soon say, enough.

There is also the issue of the so called reserve price (the highest price a buyer is willing to pay for a good or service).

Early in his career, as he set out to sell a handful of circuit boards, he was asked by a customer to assemble the full computer.

In Akerlof s example, the problem with selling a used car at an efficient price is not that no one knows how likely it is to break down, but rather that the seller knows perfectly well how likely it is to break down, and the buyer does not.

By entering into a futures contract, both buyer and seller gain certainty as to the price of their subsequent transaction, independent of actual developments in the market.

But in order to be sure of the reliability of this function, the purchaser must be convinced of the long term valuation of the object of desire.

Without legitimacy, any purchaser will worry about the security of his property rights, which will contribute to even lower prices.

The problem is that private insurance markets do not work well when the buyer knows much more about what is being insured than the seller.

This time it is the buyer who knows more than the seller, since the buyer knows his risk behavior, physical health, and so on. The insurer faces adverse selection, because he cannot distinguish between good and bad risks.

However, in cases where buyers and sellers are not equally dependent upon the relationship, the greater vulnerability of the more dependent party can be used as a source of coercive power by the less dependent party.

This time it is the buyer who knows more than the seller, since the buyer knows his risk behavior, physical health, and so on.

Some economists argue that there is little power in relationships where buyers and sellers consent to a price that clears a market.

To top it off, when purchasing this limited edition, each buyer will receive a free vehicle cover and a richly decorated album containing photographs of the production process.

So the question arises how are private bondholders to be convinced to get rid of their Greek bonds at a loss if there is a credible buyer of last resort?

And, as with effective manufacturing supply chains, the supplier and the purchaser must build a reciprocal relationship, in which they do not compete with each other, practically or economically, in the specific activities that they are performing.

After nearly ten years, when no museum or private buyer met his price, the man put Icarosaurus up for sale at auction a shock to the world of paleontology.