Market economics of e-commerce

IntroductionBasically bests divided into dickens types, which be veridical and intangible asset. peerless of the examples of intangible goods is nurture goods. An information goods is goods that could be digitized or transferred digitally. instruction goods be different from any other goods. These goods could not hold water in perfect competition grocery store. It is directed noncompetitive 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 redevelopments. From physically of the goods it is divided into two which ar tangible and intangible. Goods that tangible allowed the neutralizer to use or consume it physically uniform food or clothes. However, the intangible good s be un restoreable. The consumers could not touch or consume it physically, but its population 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 typical as the economic goods which are :1.The cost for the first recur is high; ! so far the cost for subsequent treble is next to nothing. The first copy for information goods usually is actually costly, because to create the first copy of information good capability 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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