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PRODUCT MARKET ACTIVITY AND EQUITY RETURN GOODS

von Elio E
Über PRODUCT MARKET ACTIVITY AND EQUITY RETURN GOODS

In the field of economics, competition refers to a scenario in which many economic companies [Note 1] compete with one another to obtain commodities that are limited by modifying one or more of the following components of the marketing mix: price, product, promotion, or place. In the traditional school of economic thought, competition drives commercial enterprises to produce new goods, services, and technologies. These advancements would provide customers with a wider range of options and higher quality goods. When there is a greater variety of a product available on the market, prices for those products are often cheaper in comparison to what they would be if there was either no competition (a monopoly) or very little competition (an oligopoly). The amount of competition that is present in the market is determined by a range of factors, including the number of firms, the obstacles that stand in the way of new firms entering the market, the information that is available, and the availability and accessibility of resources.

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  • Sprache:
  • Englisch
  • ISBN:
  • 9781761937491
  • Einband:
  • Taschenbuch
  • Seitenzahl:
  • 106
  • Veröffentlicht:
  • 8. August 2023
  • Abmessungen:
  • 152x6x229 mm.
  • Gewicht:
  • 167 g.
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Beschreibung von PRODUCT MARKET ACTIVITY AND EQUITY RETURN GOODS

In the field of economics, competition refers to a scenario in
which many economic companies [Note 1] compete with one
another to obtain commodities that are limited by modifying one
or more of the following components of the marketing mix: price,
product, promotion, or place. In the traditional school of economic
thought, competition drives commercial enterprises to produce
new goods, services, and technologies. These advancements would
provide customers with a wider range of options and higher quality
goods. When there is a greater variety of a product available on the
market, prices for those products are often cheaper in comparison to
what they would be if there was either no competition (a monopoly)
or very little competition (an oligopoly).
The amount of competition that is present in the market is determined
by a range of factors, including the number of firms, the
obstacles that stand in the way of new firms entering the market,
the information that is available, and the availability and accessibility
of resources.

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