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What is the Difference between the two markets?

Due to the vast number of applications to this question, you may have better luck asking it in a more specific way. Please try to avoid ambiguous questions in the future. If you meant "what is the difference between a free market environment and a centrally planned model?" I would answer as such. A free market utilizes little governmental regulation and includes private ownership of the vast majority of institutions. On the contrary, a centrally planned model theoretically entails complete governmental control over all facets of production. Of course, there also exist other forms of economies, such as transitional and mixed, which may have parts of both.


What is the role of an entrepreneur in a mixed market economy?

selling against the competition by creating perceptions of difference and uniqueness in their products and services. They continually seek out customer needs that the competition is not satisfying and find ways to offer their products and services in such a way that what they're offering is more attractive than anything else available.


What is mixed bundling?

Mixed bundling is when a company offers more than 1 product at 1 price. An example would be a body wash that comes with a cleansing face wash.


What are four the types of marketing systems?

free market, command,and mixed economy


What is mixed brand?

A mixed brand is a product marketed under its own name and that of a reseller because the segment attracted by the reseller is different from its own market. For example, the company sells its Elizabeth Arden brand through department stores and a line of skincare products at Wal-Mart with the "Skinsimple" brand name.

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