POSSIBILITIES FOR APPLICATION OF ECONOMIC ANALYSIS MODEL
Abstract
Markets represent a very dynamic category, subject to change and constant development. However, as well as predicting other rapidly changing occurrences, the careful market study gives the opportunity to see certain forces that stand in the background of seemingly random movements.
Economic analysis serves extremely precise methods that allow these changes in the economic environment to be explained. The basis of these methods is in relation to the quote theory and demand. This theory shows how the consumers' preference determines the demand of consumers for goods, while business costs are the basis of the offer of goods.
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