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Resolving Conflicts Arising from the Privatization of Environmental Data (2001) / Chapter Skim
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Pages 46-47

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From page 46...
... In a differentiated products market several fibs produce similar but distinct products (much like the market for compact cars)
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From page 47...
... Meeting such needs for a community of similar users can greatly increase the value of the core product itself, presenting a sales opportunity for enterprising intermediaries. In general, the diversity of customer needs and preferences within the community will enable product differentiation and individualized services tailored to those products.
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Key Terms

  • average costs
  • core products
  • differentiated products
  • products market
  • core product

  • commercial application
  • branch dedicated
  • commercial enterprises
  • add value
  • processes improves

  • create products
  • fewer entrants
  • fewer sales
  • distinct product
  • customer demands

  • sales opportunity
  • average cost
  • services tailored
  • firms competing
  • noncommercial rewards

  • enterprising intermediaries
  • multiple firms
  • additional specialized
  • greatly increase
  • compact cars

  • similar users


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