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How do you define market and explain how markets are classified?
Wiki User
∙ 12y ago
Market in Economics is the result of contanct between the buyers and sellers, as a result of which one product of a given quantity and trade mark is brought and sold at one place.
Types of markets
1.on the basis of place or area , market is classified into three types: i)local market, ii) national market and iii)international market.
2.on the the basis of time market is classified into four types: i)market period, ii)short period, iii)long period and iv)secular market.
3.on the basis of degree of competition market is classified into three types: i) Perfect competition ii) Imperfect competition and iii) Monopoly
Wiki User
∙ 12y ago
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How do you explain how markets function?
explain how markets function and discuss what can case markets to fail?
Define and explain the efficient market hypothesis .?
wala pepeng ma baho by: efawy
Define the term equilibrium Explain the changes in market equilibrium and effects to shifts in supply and demand?
madarchode machudda
What are some examples of free markets?
A local farmers' market, a flea market, stock markets
Reasons for market failure?
Market failure happens because of inefficiency in the allocation of goods and services. Other reasons for market failure include incomplete markets, missing markets, and unstable markets.
How do you explain how markets function?
explain how markets function and discuss what can case markets to fail?
Define and explain the efficient market hypothesis .?
wala pepeng ma baho by: efawy
How would you define efficient security markets?
The efficient security markets can be defined as a market whereby the prices of the securities fully reflect all the public information at all times. The market efficiency does not require that the market prices be equal to that of the true value at every point in time.
Market are what are important not marketing and therefore more emphasis should be placed on going to market explain the statement with relivant illustration?
markets are what are important and not marketing so therefore more emphasis should be based on going to markets
What is capital marcket?
It is defined as a market in which money is provided for periods longer than a year. The capital market includes the stock market (equity securities) and the bond market (debt). Capital markets may be classified as primary markets and secondary markets. In primary markets, new stock or bond issues are sold to investors via a mechanism known as underwriting. In the secondary markets, existing securities are sold and bought among investors or traders, usually on a securities exchange, over-the-counter, or elsewhere.
Explain the difference between primary and secondary market research data give an example of each and explain how each helps define a business customer?
difference between primary and secondary market
Define the term equilibrium Explain the changes in market equilibrium and effects to shifts in supply and demand?
madarchode machudda
What are some examples of markets?
A local farmers' market, a flea market, stock markets
Define and elaborate on market margin?
Define and elaborate on market margin?
What is an example between resource markets and product markets?
Let me explain with a house/flat sale. Resource market for this includes the labor that includes to build a house, and also the window grills, wooden doors and all other things which should be necessary to build a house. Product market for this the market to which the house is sold.
What are some examples of free markets?
A local farmers' market, a flea market, stock markets
Reasons for market failure?
Market failure happens because of inefficiency in the allocation of goods and services. Other reasons for market failure include incomplete markets, missing markets, and unstable markets.
