Question Details

	Username: Fluffy Rating: Asked to: Jun Wang Date Created: 26 Sep 2016
Category	28
Tag	Financial
Question	Please give the definition of 'Low-Cost Producer'.

Advice from Guru

Hi Fluffy,

A company that can provide goods or services at a low cost. In general, low-cost producers utilize economies of scale in order to execute their strategy of low prices. Consumers that are sensitive to price changes will more likely shop at the stores that offer the lowest prices, if the good or service is relatively homogeneous. Alternatively, low-cost producers could even price the goods or services at the same level as their competitors and maintain a wider margin.

Ask advice to Jun Wang

List of Gurus

Dara Madee

Goro Yang

Jun Wang

Chaoxiang Lee

Heng Kim

Apinya Kamon

Talitha Taslim

Anton Luyten

Jacob Rogers

Tom Burke

Advice

Heng Kim 2019-09-24 03:46:59

Hi PrettyWoman, The job market is the market in which employers search for
Read more
Anton Luyten 2019-09-11 10:12:45

Hello Fluffy, A harami cross is a Japanese candlestick pattern that consists
Read more
Chaoxiang Lee 2019-09-07 11:28:32

Hi Maria, A caplet is a kind of call option based on interest rates. The
Read more
Apinya Kamon 2019-09-04 01:56:33

Hello ForexGuy, A false market occurs when prices are manipulated and impacted
Read more
Tom Burke 2019-08-31 08:08:12

Hello LuckyWoman, The yearly probability of living is determined by consulting
Read more

Heng Kim 2019 - 09 - 24

Hi PrettyWoman, The job market is the market in which employers search for
Read more
Anton Luyten 2019 - 09 - 11

Hello Fluffy, A harami cross is a Japanese candlestick pattern that consists
Read more
Chaoxiang Lee 2019 - 09 - 07

Hi Maria, A caplet is a kind of call option based on interest rates. The
Read more
Apinya Kamon 2019 - 09 - 04

Hello ForexGuy, A false market occurs when prices are manipulated and impacted
Read more
Tom Burke 2019 - 08 - 31

Hello LuckyWoman, The yearly probability of living is determined by consulting
Read more