The 2006-2011 World Outlook for Thigh Highs Hosiery
The 2006-2011 World Outlook for Thigh Highs Hosiery
The 2006-2011 World Outlook for Thigh Highs Hosiery E. 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 typically expr
The 2006-2011 World Outlook for Thigh Highs Hosiery
Book Details :
- Title: The 2006-2011 World Outlook for Thigh Highs Hosiery
- Author: Icon Group International
- Rating: 4.86 (930 Votes)
- Asin: 0497205076
- Format Type: Spiral-bound
- Number of Pages: 185 Pages
- Publish Date: 2005-04-10
- Genre:
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
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