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In economics what does the term market refer to?
The system of exchanging goods. A+
What does the term environmental economics mean?
Environmental economics is a subfield of economics that deals with environmental issues. One main focus of environmental economics is market failure. Market failure is when the markets fail to efficiently allocate resources.
What does the term demand refer to in economics?
The term demand in economics refers to the total amount of demand at all possible prices. Demand's definition is how much the consumers want a product.
What is the term in economics by which a group of buyers and sellers of a product come together to trade?
market
What is micro influence?
Micro influence in economics, micro economics actually, is a term which stands for influence or affect on the market sector which causes problems/benefits.
In economics what does the term market refer to?
The system of exchanging goods. A+
What does the term environmental economics mean?
Environmental economics is a subfield of economics that deals with environmental issues. One main focus of environmental economics is market failure. Market failure is when the markets fail to efficiently allocate resources.
What does the term demand refer to in economics?
The term demand in economics refers to the total amount of demand at all possible prices. Demand's definition is how much the consumers want a product.
What is the term in economics by which a group of buyers and sellers of a product come together to trade?
market
What is micro influence?
Micro influence in economics, micro economics actually, is a term which stands for influence or affect on the market sector which causes problems/benefits.
In economics what does the term marketplace '' refer to?
Any place where consumers and producers buy and sell goods and services
Why do Economist use the term demand to refer to what?
Economists use the term demand to refer to a schedule of various combinations of market prices and amounts demanded.
What is megal market in economics?
The term “massive market” does not appear to be a standard economic concept It is a marketing strategy in which companies target powerful third parties such as governments or institutions to influence the market Context-specific usage: In some specific contexts, “huge market” may be used informally to refer to a very large market. For example, news articles discuss a large wholesale distribution company in Vietnam, using "megal market". However, this term will not be widely recognized in economic discussions.
What is the difference between a stock market and a stock exchange?
A Stock exchange is the place where shares/stocks are listed and where people can buy/sell their shares.The stock market is the term collectively used to refer to refer to all the stock exchanges. some people even use the term stock market to refer to a particular exchange.
Market structure in Economics?
the size and the form of a market that is able to effect the demand and supply is known as market structure in economics.
What is a supporter of free-market economics called?
A supporter of free-market economics is called a capitalist.
What does the term "durable goods" refer to in the context of economics and consumer spending?
"Durable goods" in economics and consumer spending refer to products that are intended to last for an extended period of time, typically more than three years. These goods include items like cars, appliances, furniture, and electronics that are not consumed quickly and provide long-term utility to consumers.
