It is a strategic vision that constitutes management's view and conclusions. What is it?
Product mix refers to the combination of products that a company decides to sell in a particular market. Typically, products which sell best are included in the product mix so as to maximize revenue.
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fromChapter 3 / Lesson 54
Explore market power. Learn the definition of market power and understand how it is impacted by different market structures. Discover market power examples.