What do you mean by market activities
Answers
Explanation:
A market activity is an activity that does not transform inputs, but simply transfers the intermediate exchange from one transforming activity to another transforming activities that consumes this intermediate exchange as an input, e.g. from glycerine at the supplier to glycerine at the consumer.
A market dataset collects all activities with the same reference product in a certain geographical region. Furthermore, it includes average transports of that product within the geography, as well as inputs of the product itself to cover losses in trade and transport. In other words, they are consumption mixes of a certain product in a certain geographical region. There are either global or local markets, depending on real-life conditions and on the availability of local transforming activities for specific products.
Answer :
A market activity is an activity that does not transform inputs, but simply transfers the intermediate exchange from one transforming activity to another transforming activities that consumes this intermediate exchange as an input, Example : from glycerine at the supplier to glycerine at the consumer.