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Essay

A Market Economy

Essay specific features

 

Issue:

Business

 

Written by:

Margaret J

 

Date added:

November 7, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 561

 

Was viewed:

8081 times

 

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Essay content:

Over all trade makes everyone better off. (Mankiw) If one firm does not meet the wants of the consumer then they will lose their place in the market. Sales for most major retailers have risen this quarter, while others have fallen. The over all sales gain equals 7.9%. (Chandler) Sales rose because consumers are not bothered by threats of war...
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Also, they feel confident in current and future stability of the economy. The reason some retailers lost and most gained could be a number of possibilities: Prices might be too high for the consumer's taste. Marketing strategies appealed to consumer's tastes. Consumer's expectation of future prices and economic stability...
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