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How do you match a product with the type of market in which it is sold?
Wiki User
∙ 12y ago
oil = commodity
dollars = currency exchange market
treasuries = bond market
Corn and wheat-Commodity market
Pesos and yen-Currency exchange market
Munis and Treasuries-Bond market
Wiki User
∙ 12y ago
Amelia Bingham
apples and Oranges; commodity market
british pounds;currency exchange market
sharesvof s corporation; Stock Market
Haven
Coal: Commodity market
Pesos: Currency exchange market
Munis: Bond market
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What type of economy is it when people decide what to produce how much of it to produce and how much to charge for the product?
Free/market economy
What type of product does Campari produce?
The product Campari is a liqueur that originates in Italy. This liqueur is made with herbs and fruit and is a dark red in colour. The alcohol content of the product varies depending on the country where it is being sold.
Match the economic indicator with its type of measurements?
Retail sales: Growth Growth Domestic Product: Activity Consumer Price Index: Inflation Unemployment Rate: Inactivity
What is a Duopoly Market?
A true duopoly is a specific type of oligopoly where only two producers exist in one market. In reality, this definition is generally used where only two firms have dominant control over a market. In the field of industrial organization, it is the most commonly studied form of oligopoly due to its simplicity.
Compare and contrast perfect competition and monopolistic competition?
This is a rather common question within the Market Structure topic in Economics. In Market Structure, the Perfect Competition (PC) and the monopoly are considered extreme market structures, while other market structures also exist, like the oligolpoly and the monopolistic competition(MC). Before understanding the differences of these 2 market structure. It's important to realize that the PC market structure consists of many firms or sellers in an area or industry. The monopoly on the other hand, consists of a single seller. A good example, would be someone selling things on an island. The differences between the PC and the monopoly market structure are (1) Ease of entry and exit for firms (2) Type of product sold (3) Type of firm (4) Profit in short run and long run. First of all, is (1) ease of entry and exit for firms. For the PC market structure, new firms can easily enter the market structure, as there are no barriers of entry. This means that new firms who knows that there is a profit to be made in some area, location or industry can easily set up a new shop there. For the monopoly, there is substantial or high barriers of entry preventing new firms from entering the market structure. These barriers of entry are created by existing or dominant firms in a monopoly to prevent new firms or competitiors to enter the market structure. The second difference is (2) the type of product sold. For a PC market structure, the product sold is similar. This means that what one seller is selling, is what another seller is selling. Hence products in the PC market structure are perfect substitutes. We also assume that in PC market structure, the consumers have perfect knowledge of the product. This means that the consumers are aware of the price sold in another shop. For the monopoly, the product sold are not perfect substitutes, and can be rather unique. The third difference is the (3) type of firm. Since the PC market structure faces the above 2 characteristics, this means that the firm in this market structure are powerless to influence the price. This means they have no control to increase the price of the product. This is because if they increase the price of the product, and there are perfect competition, firms who increase the price, will lose out to other firms. Hence firms in PC market structure are considered to be Price Takers. Firms in monopoly market structure on the other hand, are Price Makers. This means that they can influence the price of their product sold to consumers. The monopoly is able to do that, as the monopolist is the single seller in a market. The last difference is the (4) existence of profit. For the PC firm, there is a possibility to earn abnormal profit in the short run, but not possible in the long run. This is because, in a PC market structure, when existing firms earn profit, new firms will enter the market structure, shrinking the profit. For the monopoly, there is a possibility to earn abnormal profit in short run and long run, as there is the existence of barriers of entry to prevent new firms to enter the market. Hope this helps. ( although I may have listed the differences here, they are not the only ones, there are others as well, but the rest can be complicated and might need the use of graphs ). (cheong@bgymail.gd.cn)
What type of market are apples and oranges sold?
Fruit market or farmers market
Differences between product market and generic market?
The generic product-market includes a broad group of products that satisfy a general, yet similar, need. The starting point in determining product-market boundaries is to identify the particular need or want that a group of products satisfy. Since people with a similar need may not satisfy the need in the same manner, generic product-markets are often heterogeneous, containing different end-user groups and several types of related products.The product-type product-market includes all brands of a particular product type. The product type is a product category or product classification that offers a specific set of benefits intended to satisfy a customer's need or want in a specific way. Differences in the products within a product-type product-market may exist, creating product-variants.
What type of market would most likely cause consumers to pay more for a product?
bull market
Clinical Diagnostics Market?
An in-depth market analysis includes historical data and market projections on sales by type of test, product type, application, end user and region.
What type of product is sold by the characters on the TV show The Office?
paper products
What type of product is sold by the characters on The Office?
The characters sell Paper Products
Why is black market discouraged?
Governments and consumer advocate organizations discourage engaging in commerce with the "black market" for a number of reasons. They can be summarized in this manner: A. A black market commodity, such as for example, gold jewelry can harm the consumer. In a black market there is no method for the consumer to know the true quality of the product being bought. B. A black market in a product escapes government tax policies; and C. Depending on the type of product being bought or sold in the black market, such as illegal firearms, it could create violence and thus become a law enforcement issue.
What type of economy does US have?
ran by GDP- Gross Domestic product mixed market economymixed market economy
What type of economy does the U.S have?
ran by GDP- Gross Domestic product mixed market economymixed market economy
What type of product is sold at Florsheim Shoes?
The type of product sold at Florsheim Shoes is high quality hand crafted shoes. Ordering through their official site is nice because they offer free shipping on orders over $100.
Epigenetic Therapeutics Market?
This report is a comprehensive study of the global market for epigenetic therapeutics. It describes the Epigenetic Therapeutics Market, which is segmented by product type and region.
What is the type of market strategy used for ice cream product?
buy one get one free
