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Product market is the place where goods and services are created and sold by businesses. This does not include trading instead focuses on finished goods purchased by the public sector and foreign buyers.
Wiki User
∙ 9y ago
Wiki User
∙ 9y agoIn a product market businesses make and sell goods to consumers. Consumers use their income to purchase these goods.
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Household purchase goods and services in the what market?
Product market
Factors affecting sales of industrial products?
the price of the product..... the competition in the market...... staff training..... awareness level of the product in the market....
What is an example of a market modification?
market modification can be done by product modification, i.e the promotion of SUNSILK has increased the market share by including a bit modification in their product and adding a factor of dermotologist. actually market modification is the modification in market share.
Example of market equilibrium?
Market equilibrium is when the demand of the product and the supply of the product is equal. If either demand or supply changes, then the equilibrium adjusts.
What is the product being sold?
The product being sold is the product being manufactured or grown for a market willing to purchase the product.
What is an example of a product market?
A product market refers to the businesses and customers that are affected by a product. A product market can be regional or national.
What is an example of a product?
A product market refers to the businesses and customers that are affected by a product. A product market can be regional or national.
What is a market pull product?
A market pull product is basically a product the serves a purpose for other products.
How would you introduce a product?
First you have to advertise about the product in the market what you have, then you can release it in the market
What is the difference between factor and product market?
The difference between a factor market and a product market is that a factor market is a market where productive resources are bought and sold, while a product market is a market where products offer goods and services for sale.I copied this out of my econ book =)
As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product.?
Yes. As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product.
When a product is in demand what happens to the demand curve?
the market demand for the product. undefined. more inelastic than the market demand for the product. more elastic than the market demand for the product
As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product?
Yes. As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product.
What is an example of product market?
A product market is where finished goods and services are sold to consumers. The product market can be found at supermarkets, grocery stores, and online marketplaces
What is differentiated market?
where there is one specific product in the market. It includes only one product
How do you develop a new product in the market?
If you have a product no-one else has - market research will identify whether the product is likely to be successful.
What is meant by market-led product-led new product development?
what is meant by product led and market led new product developmrnt approaches?
