Sentence examples for homogeneous good from inspiring English sources

In perfect competition, many indistinguishable and anonymous buyers and sellers trade a homogeneous good at the price at which supply matches demand.

Remember back to basic microeconomics, where the perfectly competitive market model works for a purely homogeneous good and market forces drive prices to marginal costs?

Many internet retailers create quality variants of a homogeneous good by bundling it with several shipping options that differ by delivery time.

We first use a simple model that examines a Cournot duopoly between a domestic firm and a foreign firm with linear demand and cost functions, with both firms supplying a homogeneous good on the domestic market.

The economy produces a single homogeneous good, using efficiency units of labor as its sole input.

This is due to the assumption that manufactures are a homogeneous good.

As you come to be seen as an individual with unique characteristics, rather than one of many men trying to get some attention in a club, the market structure changes from one of many competitors selling homogeneous goods to one of a handful of competitors.

For drugs, where government intervention plays a big part, the difference between the cheapest and most expensive countries can be as big as 300%.A recent research report prepared by Lehman Brothers, an investment bank, sampled 53 homogeneous goods across the euro area and found that, on average, prices differed from the mean by 24% (see chart 1).

Moreover, the statistical application and interpretation exhibit a good positive correlation among most of the water constituents which might be the indicator of having tightly grouped, precise homogeneous good-quality water resources around the mining industry.

In the case of other parameters such as Na, K, Ca, Mg, Fe and so on; show more or less the analogous nature which might be the indicator of having tightly grouped, precise homogeneous good-quality water resources in the area.

This type of competition is natural in subscription markets for homogeneous goods and services.