Question

Choose a market and identify the following (use the same format):

 

Good or service: (specify the scope of the market here)

Consumers: (remember that consumers can be demographically segmented, by income, by type of product, by necessity, etc.)

Producers: (which companies compete in the market)

Substitutes:

Accessories:

Regulators:

Intermediaries: (if any)

Black market: (yes or no)

Qualitative factors that affect demand:

Production factors that affect the offer:

Answer 1