What makes a market?
A market is a system that allows buyers and sellers to agree prices and to trade.
What should firms supply?
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