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The sales of a company are the part of the total sales of industry. If the conditions of industry changes then the sales of each of the firm in the industry is affected. All teh times the new marketers enter the market and some eclipse. It is also to be decided about the position of our firm in the industry whether it has the leadership status or follower status or challenger status. Change in other factors by one firm also affects the status of another. For example if the prices of the product by a firm are reduced than there is an impact on other firms. Same is the case with promotion and distribution. All these factors affect the demand forecasting of the product.
what is pure competition markets?
Use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor:(a) an increase in immigration (b) more women en
I have 3 questions regarding the economics of potlatch, 1.) What is the economic purpose of potlatch? I don''t fully understand this question... I believe potlatch is a gift econ
explain the nature and scope of economics.
#i need more light about it..
explain economic growth
a curve on a graph shows the relationship between apartment rent in a town and the quantitiy of apartments that people want at each rent. A new industry enters the town and the pop
State the example of price and price level Create a basket which contains all the goods sold by a specific store on a specific day. Price of this basket is then a price level -
what do you meant by rent?
A firm in a perfectly competitive product market takes the price of the product as given. Similarly, a firm in a perfectly competitive factor market takes the price of the factor
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