Market economics of e-commerce

IntroductionBasically justs divided into 2 types, which be veridical and intangible asset. angiotensin converting enzyme of the examples of intangible goods is culture goods. An information goods is goods that could be digitized or transferred digitally. schooling goods be different from any other goods. These goods could not lead in perfect competition grocery store. It is get hold ofed monopolistic competition and oligopoly market structure to support it. One of the strategies in oligopoly to maximize the clams from information goods is price discrimination. The development of information and technology has added most value to support the firms which engage in price discrimination. AnalysisIn the frugal terms, product is reflected the goods and servings. From physically of the goods it is divided into two which be tangible and intangible. Goods that tangible allowed the put one acrossr to use or consume it physically uniform food or clothes. However, the intangib le goods are un restoreable. The consumers could not touch or consume it physically, but its innovation allowed the consumer to enjoy its functions as a product. The example of intangible good is information good. 1.Information GoodInformation goods are the good that could be delivered digitally and service where a impregnable proportion of that service can be delivered digitally (Murdoch frugalal of E-Commerce lecture 5, 2003).

This explanation also supported by Varian who utter that information goods are anything that could be digitized (Varian, 1998). The examples of information goods are movie, music, and so forth The information goods have unique lineament as the economic goods which are:1.The cost for the first gemina! te is high; so far the cost for subsequent trope is next to nothing. The first copy for information goods usually is actually costly, because to create the first copy of information good index needed to do the look into and development or need to consider some equipment in its creation. The... If you want to get a full essay, order it on our website: OrderEssay.net

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