The activities in which a firm engages intended to induce buyers to select its product. Models of perfect competition omit this activity, assuming that each firm can sell all it wishes at the prevailing price. Models of imperfect competition are more likely to include this, though in practice models of international trade seldom do.
Browse by Subjects
12b-1 fee
functional budget
12b-1 mutual fund
planned obsolescence
Acciones Clase C
See All Related Terms »

contract market
International Bank for Reconstruction and Development