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Price is the value or worth of a product or service and when you say price then it vehicle the normal price of a product or a service which a company charges. On the other hand, market price is the price of a product or service which is contained by a marketplace and is resulted through market efficiency, equilibrium and normal expectations. Normal price can be lesser, equal or greater than the market price. If most of the companies in an industry charge open market prices for the products or services then competition is high in that specific industry.
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What is the difference between commodity market and normal market?
Normal market ( Equity or Stock Market ) deals with trading of company shares , their and their index derivatives , mutual funds and bonds. Commodity market deals with the derivatives of physical commodities ( Metals , Edibles etc )
What is the difference between inferior and normal goods?
Cheese
What do we call the graphic representation of a demand schedule?
What is the difference between normal and inferior goods
Difference between normal goods and inferior goods?
Normal goods are everyday things that the average person would own. Inferior things are more of a low quality item that is considered for poor people.
What are the difference between fair trade and normal trade?
fair trade is better and makes sure everyone gets paid fairly but in normal trade many people don't get paid fairly and that causes a problem
Using graphs explain the difference between a giffen and a normal good?
when x is inferior and y is normal then price of increase
Explain the difference between a wave and a wavelength?
A wave is a normal wave and a wave length is the wave Height or distance
What is the difference between commodity market and normal market?
Normal market ( Equity or Stock Market ) deals with trading of company shares , their and their index derivatives , mutual funds and bonds. Commodity market deals with the derivatives of physical commodities ( Metals , Edibles etc )
What's the difference between a normal digital camera and a slr one?
http://www.digital-slr-guide.com/difference-between-slr-and-digital.html This site will explain everything! Good Luck!
What is the difference between a micro pet and a normal pet?
the difference between a micro pet and a normal pet is that a micro pet is a really small animal such as a micro pig and a normal animal is a animal just like a normal person normal size normal wight and that is the difference between a normal animal and a micro animal.
What is the difference between normal saline solution and ringer's lactate solution?
What is the difference between normal saline solution and ringer's lactate solution?
What is the difference between a normal and a participating preference share?
what is defference between normal and preference shares
What is the difference between normal and average respiratory rate?
The difference between normal and average respiratory rate is simple. Normal is healthy and cannot change and average most certainly can change.
What the difference between a pie and tartlet?
The treatment effect is the difference between the observed outcome and the "normal" outcome
What is the difference between sowing and planting?
The treatment effect is the difference between the observed outcome and the "normal" outcome
What is the difference between a normal guitar and a junior guitar?
The difference between a normal guitar and a junior guitar is primarily its size. A Junior guitar is shorter and about three quarters the size of a normal guitar.
What is the difference between a normal piano and a pianoforte?
unsure
