Lernkarten

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Stufe Universität
Erstellt / Aktualisiert 19.04.2017 / 25.04.2017
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77 Exakte Antworten 0 Text Antworten 44 Multiple Choice Antworten
Fenster schliessen

what is a noncompetitive market?

producerse jointly influence price
Fenster schliessen

what is the extent of a market?

geographical and product range produced and sold
Fenster schliessen

which two reasons are important for market definition

find actual and potential customers and public policy
Fenster schliessen

what can happen in not perfectly competitive markets?

providers can charge different prices for the same products
Fenster schliessen

what helps customers to decide on a product in a not perfectly competitive market?

brand loyalty, or offers
Fenster schliessen

wrong or right? " Market prices fluctuate over time?"

Right

Wrong

Fenster schliessen

MICRO OR MACRO? Production output in individual businesses or industries

MICRO

MACRO

Fenster schliessen

MICRO OR MACRO? Price of individual goods and services

MICRO

MACRO