The 2006-2011 World Outlook for Farm Hog Equipment Excluding Feeding, Handling, and Watering Equipment

&#87&#72&#65&#84 IS &#76&#65&#84&#69&#78&#84 DEMAND AND THE P.I.E.?The concept &#111&#102 &#108&#97&#116&#101&#110&#116 demand is rather subtle. The term &#108&#97&#116&#101&#110&#116 typically refers to &#115&#111&#109&#101&#116&#104&#105&#110&#103 &#116&#104&#97&#116 &#105&#115 dormant, not observable, or not yet realized. Demand is &#116&#104&#101 &#110&#111&#116&#105&#111&#110 &#111&#102 an economic quantity &#116&#104&#97&#116 a target population or market requires under different assumptions &#111&#102 &#112&#114&#105&#99&#101, quality, and &#100&#105&#115&#116&#114&#105&#98&#117&#116&#105&#111&#110, among other &#102&#97&#99&#116&#111&#114&#115. Latent demand, therefore, &#105&#115 commonly defined by economists as the &#105&#110&#100&#117&#115&#116&#114&#121 &#101&#97&#114&#110&#105&#110&#103&#115 of a &#109&#97&#114&#107&#101&#116 when &#116&#104&#97&#116 &#109&#97&#114&#107&#101&#116 &#98&#101&#99&#111&#109&#101&#115 accessible and attractive to &#115&#101&#114&#118&#101 by &#99&#111&#109&#112&#101&#116&#105&#110&#103 firms. It &#105&#115 a measure, therefore, &#111&#102 potential industry earnings &#40&#80.&#73.&#69.&#41 or total revenues (not profit) if a market &#105&#115 served in &#97&#110 efficient manner. &#73&#116 is typically &#101&#120&#112&#114&#101&#115&#115&#101&#100 &#97&#115 the total revenues potentially &#101&#120&#116&#114&#97&#99&#116&#101&#100 by &#102&#105&#114&#109&#115. The “market” &#105&#115 &#100&#101&#102&#105&#110&#101&#100 at a given &#108&#101&#118&#101&#108 in the &#118&#97&#108&#117&#101 &#99&#104&#97&#105&#110. There &#99&#97&#110 be latent demand at the retail &#108&#101&#118&#101&#108, at the wholesale &#108&#101&#118&#101&#108, the manufacturing level, and the raw &#109&#97&#116&#101&#114&#105&#97&#108&#115 level &#40&#116&#104&#101 &#80.&#73.&#69. of &#104&#105&#103&#104&#101&#114 levels of the value chain b

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