The meaning of STRUCTURE is the action of building : construction. How to use structure in a sentence.
Thus, the market structure can be defined as, the number of firms producing the identical goods and services in the market and whose structure is determined on the basis of the competition prevailing in that market. The term “ market” refers to a place where sellers and buyers meet and fa...
An oligopoly is a type ofmarketstructure in which a small number of firms control the market. Where oligopolies exists, producers can indirectly or directly restrict output or prices to achieve higher returns. A key characteristic of an oligopoly is that no one firm can keep the others from ha...
'Gray' vs. 'Grey': What is the difference? What's the difference between 'fascism' and 'socialism'? More Commonly Misspelled Words Popular in Wordplay See All Terroir, Oenophile, & Magnum: Ten Words About Wine 8 Words with Fascinating Histories ...
Divisional Structure Such structures are categorized based on region, a specific market or product, or even a particular consumer base. Such divisions help in meeting the specific demand of a group or area and may help in customizations to a certain extent too. For example, many companies have...
Show pinyin n.market structure fēn céng de shì chǎng jié gòu 分层的市场结构 hierarchical market structure Hot words today 对answer; treat 清楚clear; clear-headed 农民peasant 由于because of; since 家family;home 学study; imitate 听heed; judge ...
price a product. Overpricing will dent its sale and drive its products out of the market. Therefore, the company will lose its business to its competitors. Under-pricing may increase sales for a while, but eventually, it will eat away the profits. Hence it will lead to the erosion of ...
In many ways, a company may be at a disadvantage by disclosing its marginal cost. Competitors would gain the advantage of knowing the company’s cost structure, and the market could attempt to apply pressure to a company knowing the specific manufacturing levels where operations become unprofitable...
assets while sellers aim to dispose of them; each participant brings his/her own motives, preferences and resources into play when entering and leaving markets; furthermore market intermediaries, like brokers and dealers provide liquidity between buyers and sellers that foster smooth market functioning...
The meaning of MARKET ECONOMY is an economy in which most goods and services are produced and distributed through free markets.