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Acronyms that contain the term mature market
What does mature market mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: mature market.
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MMRC | Mature Market Resource Center |
What does mature market mean?
- Mature market
- A market is mature when it has reached a state of equilibrium. A market is considered to be in a state of equilibrium when there is an absence of significant growth or a lack of innovation. When supply matches demand the price decided by those market forces is called equilibrium price". Equilibrium price prevails in the market for a substantial period, which may be from one day to one week or several months.
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"mature market." Abbreviations.com. STANDS4 LLC, 2024. Web. 12 Jun 2024. <https://www.abbreviations.com/mature%20market>.
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