Appendix I
Key price and market analysis terminology
Administered pricing
:  Prices set by government.  Examples are pan territorial and pan 
seasonal pricing.
Barriers to entry
  Factors that prevent or place new entrants to trade at a cost
disadvantage relative to established firms within an industry.
  A method of exchanging goods and services directly for other goods and
services without using a separate unit of account or medium of exchanges. A successful
barter transaction requires a double coincidence of wants.
Buffer stocks
  Stocks of a commodity held in an attempt to even out price fluctuations
in primary commodities. The operators use the stock to mitigate fluctuations in prices by
selling from the stock when prices are high (as a result of shortage in the market) and by
buying the commodity when prices are low (as a result of surplus in the market).
Buyers' market
  A market characterized by excess supply in which sellers consequently
experience difficulty in selling all their output at anticipated prices to the advantage of
  Cost, Insurance, Freight. A term which describes pricing or valuation of a good to
include all of the costs (known as transfer costs) of delivering a good to the point of
consumption. It may be contrasted with the FOB (or free on board) where the transfer
costs are excluded. Imports are often valued at CIF prices and exports at FOB prices.
CPI (consumer price index)   
The cost of a given basket of goods used by classes of
consumers, with different commodities given different weights.
Cash crops
  Crops grown by peasant farmers mostly for sale in the market as opposed to
crops directly consumed for subsistence purposes. Some food crops can become cash
crops when a surplus is produced (e.g., maize in southern Africa).
Competitive markets
  A market in which a very large number of buyers and sellers
trade independently, and no one trader can control significant quantities to be able to
substantially influence prices.
  Any economic agent involved in the consuming of final goods and services.
Households, not individuals, make many consumption decisions. This is important since
households may take decisions based on some compromise of individual wants within the

New Page 1

Home : About Us : Network : Services : Support : FAQ : Control Panel : Order Online : Sitemap : Contact : Terms Of Service


Our web partners:  Jsp Web Hosting  Unlimited Web Hosting  Cheapest Web Hosting  Java Web Hosting  Web Templates  Best Web Templates  Web Design Templates  Interland Web Hosting  Cheap Web Hosting  Filemaker Web Hosting  Tomcat Web Hosting  Quality Web Hosting  Best Web Hosting  Mac Web Hosting


Virtualwebstudio. Business web hosting division of Vision Web Hosting Inc. All rights reserved

Cheap Web Hosting Package