What do you understand by market?

In common usage the word market designates a place where certain things are bought and sold. But when we talk about the word market in economics, we extend our concept of market well beyond the idea of a single place to which the householder goes to buy something. For our present purpose, we define a […]

Importance of Demand Analysis

  The analysis of demand theory is very much important in the business decision. Demand analysis helps firm forecast the market which is of importance in the modern business activities. It helps to design the appropriate pricing policy. In the present global market, it is not at all possible for a firm to exist without […]

Importance of Demand Analysis

  The analysis of demand theory is very much important in the business decision. Demand analysis helps firm forecast the market which is of importance in the modern business activities. It helps to design the appropriate pricing policy. In the present global market, it is not at all possible for a firm to exist without […]