Balanced Mechanism of Sports Competition Service Product Market
Pan Ximei
Abstract
Pan Ximei
Abstract
China's sports industry is at the early stages of development,and the overall market supply and demand tend to be in a non-equilibrium state,and the equilibrium price differs between regional markets.Ticket prices can only regulate the product market of the individual consumers and the demand of the overall competition market sup ply cannot be adjusted.Product consumer demand is decisive in achieving the competition service market equilibri um.Price has limited effect on the supply and demand.Improvement of non-price factors help build a balanced rela tion between supply and demand.
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China's sports industry is at the early stages of development,and the overall market supply and demand tend to be in a non-equilibrium state,and the equilibrium price differs between regional markets.Ticket prices can only regulate the product market of the individual consumers and the demand of the overall competition market sup ply cannot be adjusted.Product consumer demand is decisive in achieving the competition service market equilibri um.Price has limited effect on the supply and demand.Improvement of non-price factors help build a balanced rela tion between supply and demand.
Key concepts: Supply and demand, Competition (biology), Price mechanism, Product (mathematics), Industrial organization, Business, Microeconomics, Market demand schedule