Conceitos: Marketing; Marketing eletrônico; Planejamento de marketing;
Marketing
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soumika-bhattacharjee -
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Transcript of Marketing
Market means a particular place where buyer and seller meet each other and buy and sell commodities .
But in economics it doesn’t mean any particular place but it means a entire area where buyers and sellers of commodity area in such contact with each other that price of commodity tends to be one throughout the area.................... .
Differences Perfect Monopolistic Monopoly
1. No. Of seller Large large one
2. Product Homogeneous Product differentiation Homogeneous
3. Price Uniform Not uniform Not uniform
4. Entry of firms Free entry Not absolute freedom Not possible
5. Knowledge of market Perfect knowledge Imperfect Imperfect
6. Mobility Perfect Imperfect Imperfect
7. Price elasticity of demand
perfect Relatively Relatively
8. Average revenue AR=MR AR>MR AR>MR
9.Selling cost Not req. Very significant Seldom
10. Degree of price control
Price taker Partial control over price Price maker