The 2006-2011 World Outlook for Video Cassette Recorder
DescriptionWHAT product of a latent demand and the PIE? The concept of latent demand, 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, the target group or market requires under different assumptions of price, quality and distribution, among other factors. Latent demand is therefore frequently by economists as the industry earnings of a market defined, if the market is accessible and attractive to serve the competing companies. It is a measure, therefore, the potential revenue (PIE) or turnover (not) profit when a market is served in an efficient manner. Usually expressed as the total revenues potentially extracted by firms. The “market” is defined at a given stage of the value chain. It can be latent demand in the retail, wholesale, manufacturing level, and the raw materials level (the PIE of higher levels of value chain is always smaller than the PIE of levels at lower levels assuming the same value chain,,) all levels maintain minimum stocks profitability. The latent demand for video cassette recorders (VCR) is not actual or historic sales. Also, the latent demand future sales. In fact, latent demand can be lower or higher or lower than actual sales if a market is inefficient () that is not representative of relatively competitive levels. Impairments result from a number of factors, including the lack of international openness, cultural barriers to consumption, regulations, and cartel-like behavior of firms. In general, however, latent demand is typically larger than actual sales in a country market. For the reasons explained below, not in this report does not reflect the concept of “play”, only total latent revenues (ie a calculation of price and quantity is not done, but is implicit). The units used in this report wrists U.S.