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Product market is the place where goods and services are created and sold by businesses. This does not include trading instead focuses on finished goods purchased by the public sector and foreign buyers.

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βˆ™ 10y ago
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βˆ™ 10y ago

In a product market businesses make and sell goods to consumers. Consumers use their income to purchase these goods.

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Q: What is a product market?
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Related questions

What is an example of a product market?

A product market refers to the businesses and customers that are affected by a product. A product market can be regional or national.


What is an example of a product?

A product market refers to the businesses and customers that are affected by a product. A product market can be regional or national.


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A market pull product is basically a product the serves a purpose for other products.


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First you have to advertise about the product in the market what you have, then you can release it in the market


What is the difference between factor and product market?

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Yes. As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product.


When a product is in demand what happens to the demand curve?

the market demand for the product. undefined. more inelastic than the market demand for the product. more elastic than the market demand for the product


As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product?

Yes. As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product.


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What is meant by market-led product-led new product development?

what is meant by product led and market led new product developmrnt approaches?