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An analysis of the existing price structure helps one understand the kind of competition and the type of market structure prevailing in the market. From a consumer point of view it helps him understand what are the chances or the level of soverignity that he enjoys and the bargaining power he possess in the system. - Sanal Mathew John
What else can I help you with?
What does the s stand for in SOS?
The "S" in SOS stands for "save." SOS is a distress signal that is used internationally to signal that someone is in need of help.
What is an economic system in which production of goods and services is determined by demand from consumers?
A market economy is an economic system in which the production of goods and services is determined by the demand from consumers. Prices are set by supply and demand in the market, and businesses respond to consumer preferences in order to maximize profit.
What are the uses of a market survey?
Market surveys are used to gather information about consumer preferences, needs, and behaviors. They help businesses understand their target market, identify trends, evaluate competition, and make informed decisions about product development and marketing strategies. The data collected from market surveys can also guide pricing strategies and help businesses stay competitive in the marketplace.
What is the average price per pound for north Atlantic cod?
The average price per pound for North Atlantic cod can vary depending on factors such as market demand, availability, and location. As of 2021, prices can range from around $6 to $12 per pound for fresh cod fillets, with higher prices typically for sustainably sourced or higher quality products.
What does the abbreveation SOSO stand?
SOS can be defined as the commonly used description for the international Morse code distress signal. This distress signal was first adopted by the German government in radio German regulations effective April 1, 1905, and became the worldwide standard under the second International Radiotelegraphic Convention, which was signed on November 3, 1906 and became effective on July 1, 1908. SOS remained the maritime radio distress signal until 1999, when it was replaced by the Global Maritime Distress Safety System. SOS is still recognized as a visual distress signal.
What are the functions of prices in a market economy?
Prices are a mechanism by which commodities are efficiently allocated in ideal conditions; prices send a signal about the value of a commodity.
What signal does a rise in prices send to producers?
in class room economic: make more in real world economics: flood the market and raise prices
What is the description of the stock exchange when prices are falling?
A bear market is the term used when stock market prices are going down.
What is the function of signal?
this is when prices give information to all traders int he market in order for them to coordinate their economic activies and plans
A market in which no controls the prices is called?
A market in which no one controls the prices is called
What is a bill market In the stock market?
There is no such thing as a bill market in the Stock market. There are only... A. a bull market in which prices go up B. a bear market in which prices go down C. a crash in which prices go down in a hurry
Why does prices of shares change in the share market?
why does prices of shares change in the shares of market?
A market in which no one controls the prices is called?
A market in which no one controls the prices is called
Who determines prices in a market economy?
in a market economy.. the prices are decided by demand and supply....or compention
What is the economic term that describes the ability of a market participant to influence prices instead of merely being forced to accept market prices?
Market power is the ability of a firm to dictate their own prices without having to succumb to market prices. Market power usually occurs if the firm has control over a large part of the market.
What is the term that describes the abillity of a market participant to influence prices instead of merely forced to accept market prices?
The term is Market Power!
Are real-time stock market prices readily available for free or is there a fee involved?
The best site for real time stock market prices is at daytrader dot com. That site has all the up to date rates and indexes that are used throughout the days for prices.
