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firstly group of firms make industry when demand of particular product faced by all companies producing that product or its substituates it is called industry demand
like pipe industy effected by shortage of steel
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∙ 12y ago
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Distinguish between industry demand and firm demand?
Industry demand is subject to genera economic conditions. Firm demand is determined by economic conditions and competition
What are different types of demand distinctions?
1.producer's goods and consumer's goods 2.durable goods and non durable good 3.derived demand and autonomous demand 4.industry demand and company demand 5.short run demand and long run demand 6.short term demand fluctuations and long term trends 7.total market and market segments
The nondiscriminating pure monopolist's demand curve is the industry demand curve.?
yes
What is Elasticity of demand in steel industry?
Elasticity of demand in the steel industry is inelastic. The price of steel can fluctuate and the demand will remain constant. As a result, as price moves, revenue will move in the same direction.
What are the negatives about the fashion industry?
It's a tough industry because of it's competition and demand.
Difference between company and industry?
A company belongs to an industry. An industry is defined by it's product or services. An example is the Healthcare Industry. A company in the Healthcare Industry would be Pfizer. -- Krishna Srinivasan, President, Frost & Sullivan
What is industry demand?
it means the market demand.
Distinguish between industry demand and firm demand?
Industry demand is subject to genera economic conditions. Firm demand is determined by economic conditions and competition
What is difference between company analysis and industry analysis?
An Industry analysis focuses on the industry itself and not the business. An industry analysis is based on external factors on an industry and is often deals with analyzing a task environment. Porter's analysis is often used for an industry analysis. For a company analysis you deal with inside strengths. weaknesses, opportunities and threats of your business. A company analysis focuses on internal analysis of the company.
What company did Taiwan Semiconductor Manufacturing Company acquire?
The industry was in such a strong upturn that TSMC acquired the rival Worldwide Semiconductor Corporation in 2000 to keep up with the demand.
What is the difference between firm and industry?
An industry is a type of business in the economy while a firm is a unit or entity carrying a portion of the business in an economy.
What are different types of demand distinctions?
1.producer's goods and consumer's goods 2.durable goods and non durable good 3.derived demand and autonomous demand 4.industry demand and company demand 5.short run demand and long run demand 6.short term demand fluctuations and long term trends 7.total market and market segments
The nondiscriminating pure monopolist's demand curve is the industry demand curve.?
yes
Difference between elastic and inelastic demand?
difference between elastic and inelastic demand
What is Elasticity of demand in steel industry?
Elasticity of demand in the steel industry is inelastic. The price of steel can fluctuate and the demand will remain constant. As a result, as price moves, revenue will move in the same direction.
When was the company Demand Media founded?
The company Demand Media was founded in May of 2006. The Demand Media company provides online media content. The company headquarters are located in Santa Monica, California.
What are the negatives about the fashion industry?
It's a tough industry because of it's competition and demand.
