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Raw materials are the natural elements you find on Earth. For example, timber, iron, gold, fish, aluminum, and things of that nature. The transport market is where you transport these materials to a plant or factory to be processed. It is all about where you place this factory. For example, if you were turning timber into paper, you would probably locate the plant near the raw material.
What else can I help you with?
Buying and selling commodities is known as what?
Buying and selling commodities is known as trading. It involves the exchange of raw materials or primary agricultural products between buyers and sellers in the market.
What is the difference between the rates of sugar in London No. 5 and New York No.11 market?
Multiplying the cents/lb into 22.0426 to convert it into USD/MT for instance if NY market showing 32.5 cents/lb then 32.5*22.0426= 716.3845 USD/MT then you going to deduct the converted NY price from the London price then the difference comes.
Where do florists get there flowers and plants?
Normally, there are these enormous warehouses that act like a market. Early in the morning, the florists will buy the flowers they want and then transport them to their shop.
What are the 4 basic market structure and explain how they differ from one another?
The four basic market structures are perfect competition, monopolistic competition, oligopoly, and monopoly. Perfect competition has many small firms producing identical products, while monopolistic competition has many firms selling similar but not identical products. Oligopoly has a few large firms dominating the market, while a monopoly has a single firm controlling the entire market. The main difference between them lies in the number of firms in the market and the level of product differentiation.
Are raw materials a controllable or uncontrollable cost?
Raw materials are typically considered an uncontrollable cost because their prices are set by external factors such as market demand and supply. While a company can negotiate with suppliers or seek alternative sources, they have limited control over the overall price of raw materials.
What is the difference between local market and national market explain with example?
what is the difference between local market and national market
What is the difference between industry and market?
what is the differences between Industry and Market
What is the difference between in the market and on the market?
In the market is where you do your buying and selling. On the market is where you put something that is for sale.
What is the difference between market and floating market?
a floating market floats but an market dont float
What is the difference between dealer and stock markets?
differance between stock market and dealer market?
What is the difference between factor and product market?
The difference between a factor market and a product market is that a factor market is a market where productive resources are bought and sold, while a product market is a market where products offer goods and services for sale.I copied this out of my econ book =)
What is the difference between market share and market position?
the best thing about like is love
What is the Difference Between Customer Wants and Needs in a Market?
nothing
What is difference between market then and now?
One is set in the past.
Difference between market growth rate and market share?
kjo - What? Thomas, what doest that mean?
What is the difference between old market and modern market?
old markets not well roofed but modern market are air conditioned
What is the difference between the old market and the modern market?
old markets not well roofed but modern market are air conditioned
