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The 2006-2011 world outlook for surgical instruments

Author: Philip M Parker
Publisher: San Diego, CA : ICON Group, ©2005.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
WHAT IS LATENT DEMAND AND THE P.I.E.?The concept of latent demand is rather subtle. The term latent typically refers to something that is dormant, not observable, or not yet realized. Demand is the notion of an economic quantity that a target population or market requires under different assumptions of price, quality, and distribution, among other factors. Latent demand, therefore, is commonly defined by economists  Read more...
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Genre/Form: Electronic books
Statistics
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Philip M Parker
ISBN: 1423751302 9781423751304
OCLC Number: 63814465
Description: 1 online resource.
Other Titles: World outlook for surgical instruments
Responsibility: by Philip M. Parker.

Abstract:

WHAT IS LATENT DEMAND AND THE P.I.E.?The concept of latent demand is rather subtle. The term latent typically refers to something that is dormant, not observable, or not yet realized. Demand is the notion of an economic quantity that a target population or market requires under different assumptions of price, quality, and distribution, among other factors. Latent demand, therefore, is commonly defined by economists as the industry earnings of a market when that market becomes accessible and attractive to serve by competing firms. It is a measure, therefore, of potential industry earnings (P.I.

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