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In economics, a market refers to a platform or system where buyers and sellers interact to exchange goods, services, or resources. It can be physical, like a local farmers' market, or virtual, such as online marketplaces. Markets are characterized by supply and demand dynamics, which determine prices and quantities of goods sold. They play a crucial role in resource allocation and economic efficiency.
What else can I help you with?
What are the characteristics healthy market?
characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market
What kind of market anticipates a decline in prices in an entire stock market?
A declining market is a "bear" market. A rising market is called a "bull" market.
What is Market equilibrium?
Market equilibrium is this situation when market demand is equal of market supply
What is market price determined by?
the market or market forces
When A situation in which the market does not distribute resources efficiently is considered to be?
a market failure
Who is considered to be the father of modern ecomonics?
adam smith
Where is the power centered in an autocracy?
the hands of one or a few rulers. (novanetter? good luck with the rest of govt/ecomonics (: )
What do you mean by consumers behavior give its importance in economics?
what do you mean by consumer;s behavior give its importance in ecomonics
What kind of education did sam Walton get?
sam walton attened the universty of missori at columbia graduating with a bachors degree in ecomonics
What was the aftermath of the bombing of Hiroshima in terms of human life quality of human life and ecomonics?
Japan lost the means to feed the people or rebuild Japan.
What fields can you take if you choose ecomonics?
Microeconomic Theory, Econometrics, Industrial Organization, International Economics, Labor Economics, Macroeconomics and Monetary Economics, and Public Economics
Who is Peter temin and what he does?
The person most frequently cited of that name is an Emertas Professor of Ecomonics at Harvard Institute of Economics. Apparently he is also very good at the history of economics.
What are the characteristics healthy market?
characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market characteristics of a perfect market
What kind of market anticipates a decline in prices in an entire stock market?
A declining market is a "bear" market. A rising market is called a "bull" market.
Benefit of primary market research?
Primary market is the initial step of market research in this we can analyse the market behavior of the market.
Name something that ends with the word market?
Supermarket Flea Market Farmer's market Meat market Stock Market
What is the spanish word for market?
Market in Spanish is mercado(market) or el mercado(the market)
