a middleman is a person who
middleman - the performer in the middle of a minstrel line who engages the others in talk. interlocutor. minstrel show - a troupe of performers in blackface typically giving a comic program of negro songs and jokes. minstrel - a performer in a minstrel show. a person who buys goods from the producer and resells them to the retailer or consumer. 2. a person who acts as an intermediary. [1785–95] Thesaurus Antonyms Related Words Synonyms Legend: Switch to new thesaurus . Noun: 1. middleman - someone who buys large quantities of goods and resells to merchants rather than to the ultimate customers. jobber, wholesaler middleman - a person who is in a position to give you special assistance; he used his business contacts to get an introduction to the governor contact representative - a person who represents others middleman - a person who is in a position to give you special assistance; he used his business contacts to get an introduction to the governor contact. representative - a person who represents others. middleman. noun intermediary, broker, entrepreneur, distributor, go-between Why don't they cut out the middleman and let us do it ourselves? middleman noun Exchange generally moves a good from a person who values it more to a person who values it less. * b. Transaction costs reduce our ability to gain from potentially advantageous trades. c. Middlemen increase transaction costs and, thereby, reduce the potential gains derived from trade. d. Physical goods have an objective value that is unrelated to time and the person of ownership. 65. A nation with cheap, efficient communications is likely to be * a. richer, ceteris paribus , because transaction costs will be lower and trade greater. b. richer only if production of goods is cheaper, too, since trade itself cannot create value. c. c. reduce the number of exchanges that occur. d. lower the value created by the goods and services available. 68. A middleman is a person who * a. specializes in arranging trades and selling, guaranteeing, and servicing items traded. b. acts as a middle person between the top management of a business firm and the hourly employees who actually produce the goods and services. c. adds to the seller’s expense and the buyer’s buying price without providing a service to either. middleman - someone who buys large quantities of goods and resells to merchants rather than to the ultimate customers. jobber, wholesaler. distributer, distributor - someone who markets merchandise. meat packer, packer - a wholesaler in the meat-packing business. 2. middleman - the performer in the middle of a minstrel line who engages the others in talk Most Popular Documents for ACC 310. 1  3 pages. Lecture guide_9.1. 2  25 pages. Thursday's Notes. 3  1 pages. RTF. 4  4 pages. 304 syllabus sp2012 (1) 1 Introduction to Archaeology Ant 304/ Ary 301 Spring 2012 Prof. J. Denbow Office 4.1. 5  5 pages. Managerial Economics. 6  18 pages. d. amount by which the price of an item increases due to the presence of a middleman. 62. High transaction costs will tend to * a. reduce the number of mutually beneficial exchanges that occur. b. allow easier specialization according to the law of comparative advantage. c. increase the value created by exchanges in an economy. d.
Middleman is a person who is in a position to give you special assistance.