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What are suppliers in a product market?
Businesses
Who are considered product market stakeholders?
primary customers suppliers host communities Unions
What is the difference between a hard market and a soft market?
A soft market has more suppliers than buyers and hard market is the total opposite.
What is a market pull product?
A market pull product is basically a product the serves a purpose for other products.
As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product?
Yes. As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product.
What are suppliers in a product market?
Businesses
A market where a few large suppliers control the supply of a product is called?
Oligopoly.
Who are considered product market stakeholders?
primary customers suppliers host communities Unions
How Market is made up off in Economics?
Market is made up of consumers where the element of product/service demand occurs. When the demand is generated suppliers have to fulfill the demand of the customers through the supply of product/service. In short demand and supply makes the market.
Why do suppliers use price rather than production to resolve problem excess deman?
If supply increases and demand remains unchanged then lower equilibrium price and higher quantity. Suppliers cannot be assured of product sale, and product equilibrium price may be lower than cost of product, due solely to market saturation
Is market structure mostly about suppliers or consumers?
I think it's mostly about suppliers.
Who has the most influence in a free market?
suppliers.
Why is it important to supplies of product to have information about the price elasticity of the demand for their product?
Understanding the price elasticity of demand is crucial for suppliers as it helps them predict how changes in price will affect consumer demand for their product. If demand is elastic, a price increase could lead to a significant drop in sales, prompting suppliers to be cautious with pricing strategies. Conversely, if demand is inelastic, suppliers might increase prices to boost revenue without significantly affecting sales volume. This knowledge enables suppliers to make informed decisions about pricing, inventory management, and overall market strategy.
What are the names of some erosion control product suppliers?
There are many suppliers that offer erosion control product suppliers, which use different products. This includes Alibaba, Sunshine Supplies, Thomas Net and Eco Fabriks.
What is the price at which consumers will purchase the same quantity of a product that suppliers will produce?
The equilibrium price is the price at which consumers will purchase the same quantity of a product that suppliers will produce.
Who makes hand sanitizer?
The company Dove has one of the most effective sales records to date of hand sanitizers. This company controls one of the largest suppliers of this product on the market.
What motivates suppliers in a market economy?
help me I need this answer
