Identifying a business opportunity

A market is a system that allows buyers and sellers to agree prices and to trade.

Price- the amount paid by the buyer in a transaction to the seller. Higher price a lower quantity is bough!

Market supply- the quantity that all producers of a prodcut want to sell at a particular price.

Market niche- products not essential, inital production and marketing are more risky.

Mass- when a firm  aims a product at majority