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Producers make their on food and consumers eats
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What is the difference between marketing concepts and marketing management concepts?
demand management and consumer relationship
Difference between elastic and inelastic demand?
difference between elastic and inelastic demand
What is the difference between customer behavior and consumer behavior?
what is difference between customer behaviour and consumer behaviour? The customer has to follow the terms of doing business with the Bank while the consumer can demand what he wants either from the existing pool of products or from an access to somebody's pool at a price that the bank chooses. Since the later pays for his demand to be met, he would be exacting in nature. The customer can also demand better service but within the agreed boundaries and any new service he seeks, carries additional price. When such demand is made he would turn out to be another consumer. Many banks devised new products based on such demands either by a consumer or customer-turned-consumer.
What are the Important topics of class 12th economics?
consumer & producer's equilibrium, supply&demand,national income & aggregates,determination
What is the difference between in demand and on demand?
In demand is a phrase that suggests economic scarcity; that is, a good or service in demand is currently desired by a relatively large number of consumers who are both willing and able to purchase the good or service.On demand is a completely different term; it refers to a good or service that can be provided or carried out as soon as it has been ordered by a consumer. For example, on demand television is instantly accessible to a consumer if they have paid their subscription fee.
What is the difference between a term security and a demand security?
distinguish between a term security and a demand security
What is the most exact definition of economics?
It is the relationship of the consumer and the producer in a setting where supply and demand shape the market. It is the use of resources and goods to move the markets.
Where is business demand often derived?
The nature of the demand for products differs from consumer demand because it is often derived from consumer demand.
What is the difference between sales promotion and market promotion.?
Marketing is everythig you do to create demand and sales, one of which is sales promotion.
What is the difference between demand and exchange?
Demand is to ask for something forcibly. Exchange is to trade.
Critically examine the concept of consumer's surplus?
Consumer surplus is the difference between the total amount that consumers are willing and able to pay for a good or service (indicated by the demand curve) and the total amount that they actually do pay (i.e. the market price for the product). The level of consumer surplus is shown by the area under the demand curve and above the ruling market price as illustrated in the diagram below:
What is the difference between income elasticity demand and price elasticity demand?
price elasticity is the degree to which demand for a good will change relative to a change in the price of that good. Income elasticity is the degree to which demand for a good will change relative to a change in the spending power of the consumer. it is the percentage change in quantity demanded/percentage change in price.
