Meaning market area
What does market area mean? Here you find 4 meanings of the word market area. You can also add a definition of market area yourself
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market areaRefer to "See Also" column to the right.
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market areaIn general, a geographic area in which a firm can profitably sell an output or buy an input. The size of a market area is based on the transportation cost of the input or output relative to the price. [..]
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market areaThe surface over which a demand offered at a specific location is expressed. Commonly, a customer is assumed to go to a location where a product or service can be acquired or a part or a finished good has to be shipped from the place of production to the place of consumption.
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market area"Market area" means any one or more primary markets, as established under ORS 583.470 [bad link].
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