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Tag: market

Economic Goods

Economic Goods: Definition, Types, and Examples

By Tony PrasetiantonoPosted on August 6, 2022August 6, 2022

In economics, there are three types of goods that humans can use to support their survival. The three types of […]

Understanding Product Life Cycle Concept

By Tony PrasetiantonoPosted on August 5, 2022August 5, 2022

Similar to the product planning stages, the life of a product also has its stages. The stages of a product’s […]

Capitalism

What is Capitalism? Definition and Characteristics

By Johannes SuryaPosted on December 2, 2021December 2, 2021

Ideology is an idea, thought, or principle that is owned by an individual or group of people. This time, we will […]

Perfectly Competitive Markets

Advantages, Disadvantages of Perfectly Competitive Markets

By Johannes SuryaPosted on November 18, 2021November 18, 2021

In general, a perfectly competitive market is a market structure in which a large number of buyers and sellers are […]

How to Determine Market Segmentation

How to Determine Market Segmentation

By Tony PrasetiantonoPosted on November 18, 2021December 7, 2021

Like an archer athlete, a successful business can certainly determine the right target market . An archer must already know […]

The Concept of Demand and Supply in Economics

The Concept of Demand and Supply in Economics

By Tony PrasetiantonoPosted on December 15, 2020June 3, 2021

What is the Law of Supply and Demand? The law of supply and demand is a theory that explains the […]

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