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price-elastic market

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  • Market for loyalties theory — is a media theory based upon neoclassical economics. It describes why governments and power holders monopolize radio, satellite, internet and other media through censorship using regulations, technology and other controls. It has also been used… …   Wikipedia

  • elastic — UK US /ɪˈlæstɪk/ adjective ► ECONOMICS relating to a situation in which the number of products sold changes in relation to the product s price: »We re seeing the elastic effect of lower component prices encouraging demand for PCs. »Your problem… …   Financial and business terms

  • Market segmentation — Marketing Key concepts Product marketing · Pricing …   Wikipedia

  • Market segment — A market segment is a subgroup of people or organizations sharing one or more characteristics that cause them to have similar product needs. A true market segment meets all of the following criteria: it is distinct from other segments… …   Wikipedia

  • Price discrimination — or price differentiation[1] exists when sales of identical goods or services are transacted at different prices from the same provider.[2] In a theoretical market with perfect information, perfect substitutes, and no transaction costs or… …   Wikipedia

  • Price skimming — is a pricing strategy in which a marketer sets a relatively high price for a product or service at first, then lowers the price over time. It is a temporal version of price discrimination/yield management. It allows the firm to recover its sunk… …   Wikipedia

  • Price elasticity of demand — Not to be confused with Price elasticity of supply. PED is derived from the percentage change in quantity (%ΔQd) and percentage change in price (%ΔP). Price elasticity of demand (PED or Ed) is a measure used in economics to show the… …   Wikipedia

  • Market structure — Economics …   Wikipedia

  • Small but Significant and Non-transitory Increase in Price — In competition law, before deciding whether companies have significant market power which would justify government intervention, the test of Small but Significant and Non transitory Increase in Price is used to define the relevant market in a… …   Wikipedia

  • Relevant market — Competition law Basic concepts History of competition law Monopoly Coercive monopoly Natural monopoly …   Wikipedia

  • Monopoly — This article is about the economic term. For the board game, see Monopoly (game). For other uses, see Monopoly (disambiguation). Competition law Basic concepts …   Wikipedia

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