Transport Market and its Structure

market market structure market elements traffic supply and demand resource price

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Vol. 14 No. 3 (2002)
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Market is the integrity of relations between supply and demandof traffic or some other service (goods) which at a ce11ainplace and location, at a certain time affect the supply and purchaseof certain products, including services, stocks, money,and the set of all institutions, areas, devices and instrumentsthat act on the sale and other transactions realised at that point.It is the main resource allocator (~resource allocation) in thesystems of free private ownership economic and transport systems.

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