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What is markets in which firms sell their output of goods and services?
The product market is the market in which firms sell their output of goods and services.
The general willingness of firms to produce and sell a product at various prices is?
The general willingness of firms to produce and sell a product at various prices is known as supply.
What do economist call the things that firms sell wich cannot be touched or seen?
Economists call the things that firms sell which cannot be touched or seen goods and services.
How does differentiation help monopolistic competitive firms sell their products?
This allows firms to charge higher prices for their specific product.
What outlets do firms have to sell their output?
business markets and consumer markets
Is Financial intermediaries are firms that extend credit to borrowers using funds raised from savers?
no
What are the environment?
The company itself (including departments).SuppliersMarketing Channel Firms (intermediaries)Customer MarketsCompetitorsPublic
What are the micro environment?
The company itself (including departments).SuppliersMarketing Channel Firms (intermediaries)Customer MarketsCompetitorsPublic
Who are marketing intermediaries that sell directly to final consumers?
Retailers
What are the micro environment forces?
The company itself (including departments).SuppliersMarketing Channel Firms (intermediaries)Customer MarketsCompetitorsPublic
Why are marketing channels are important to firms?
when producer give some of selling jobs to channelsintermediaries, it means giving up some of its control over how and to whom thy sell their products and services...intermediaries can create greater efficiency in making producers product available to target market..through his contacts, experiences, specialization and scale of operations.
Who are the actors in monetary policy?
• Central Banks • Financial Institutions (intermediaries, financial markets) • Lender-Savers (firms, government, households, foreigners) • Borrower-Spenders (firms, government, households, foreigners)
What are pharmacy-benefits management firms?
Pharmacy-benefits management firms, or PBMs, are essentially intermediaries that negotiate discounts with pharmaceutical companies for large employers and managed-care insurers or health plans.
Whole salers are firms that sell driectly to the consumer?
Retailers are firms that sell directly to the consumer, wholesalers are the firms that supply the retailers goods to sale to the consumers.
What is markets in which firms sell their output of goods and services?
The product market is the market in which firms sell their output of goods and services.
Which term means the amount that firms will produce and sell at a specific price?
Quantity supplied is the amount that firms will produce and sell at a specific price.
The general willingness of firms to produce and sell a product at various prices is?
The general willingness of firms to produce and sell a product at various prices is known as supply.
