Online store
| Search Amazon.com products with this form |
Indoor Furnitures:
The 2006-2011 World Outlook for Wood Bedroom Cedar Chests Excluding Custom Furniture Sold at Retail Directly to the Customer
Today's shopping tips: "Be wise in purchasing ..... find best value one"


NOTE: All online transactions are processed at Amazon.com's secure server, using the latest technology on internet's secure transactions.
Manufacturer: Icon Group International, Inc.
Our Price:
(prices subject to change)
Availability: In stock soon. Order now to get in line. First come, first served.
WHAT IS LATENT DEMAND AND THE P.I.E.?
The concept of latent demand is rather subtle. The term latent typically refers to something that is dormant, not observable, or not yet realized. Demand is the notion of an economic quantity that a target population or market requires under different assumptions of price, quality, and distribution, among other factors. Latent demand, therefore, is commonly defined by economists as the industry earnings of a market when that market becomes accessible and attractive to serve by competing firms. It is a measure, therefore, of potential industry earnings (P.I.E.) or total revenues (not profit) if a market is served in an efficient manner. It is typically expressed as the total revenues potentially extracted by firms. The “market” is defined at a given level in the value chain. There can be latent demand at the retail level, at the wholesale level, the manufacturing level, and the raw materials level (the P.I.E. of higher levels of the value chain being always smaller than the P.I.E. of levels at lower levels of the same value chain, assuming all levels maintain minimum profitability).
The latent demand for wood bedroom cedar chests excluding custom furniture sold at retail directly to the customer is not actual or historic sales. Nor is latent demand future sales. In fact, latent demand can be lower either lower or higher than actual sales if a market is inefficient (i.e., not representative of relatively competitive levels). Inefficiencies arise from a number of factors, including the lack of international openness, cultural barriers to consumption, regulations, and cartel-like behavior on the part of firms. In general, however, latent demand is typically larger than actual sales in a country market.
For reasons discussed later, this report does not consider the notion of “unit quantities”, only total latent revenues (i.e., a calculation of price times quantity is never made, though
DESCRIPTION:
Binding: Spiral-bound
EAN: 9780497094461
ISBN: 0497094460
Label: Icon Group International, Inc.
Manufacturer: Icon Group International, Inc.
Number Of Pages: 195
Publication Date: 2005-04-05
Publisher: Icon Group International, Inc.
Release Date: 2005-04-14
Studio: Icon Group International, Inc.

NOTE: All online transactions are processed at Amazon.com's secure server, using the latest technology on internet's secure transactions.
Furniture books: Teak furniture books, Indoor furniture books, Bedroom furniture books, Dining Room furniture books, Living Room furniture books, Office furniture books, Kids furniture books, Kitchen furniture books, Nursery furniture books.
