Per Capita, Perceived Value, Per Diem, Perfect Competition

Per Capita, Perceived Value, Per Diem, Perfect Competition :

Per Capita : It means total amount of income divided by total numbers of people in country or in group

Perceived Value : It is an important element in the pricing of consumer goods wherein a small change may make a product more attractive to the buyer and lead to an increase in sales and profits.

Per Diem : By the day, for each day, as an allowance for expenses

Perfect Competition : A Market situation under which no buyer and no seller can influence the market single – handed and cannot control the price of a product or services

Per Capita

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