How can you tell when a market is overshot? Describe a product or industry that you feel falls into this category.

A

As far as overshoot industries are concerned, it is possible to consider the market of airlines. Flights used to be rather expensive, but the development of technology-enabled companies to provide services to overshoot customers. Air flights at shorter distances are becoming more affordable. People are ready to pay for some basic services (the flight) and happy they do not have to pay extra (for luggage, food, and so on). The market for various devices (smartphones, tablets, and the like) can also overshoot customers who can be reluctant to pay for too complicated gadgets choosing the most affordable and easy-to-use.

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Academic.Tips. 2021. "How can you tell when a market is overshot? Describe a product or industry that you feel falls into this category." June 10, 2021. https://academic.tips/question/how-can-you-tell-when-a-market-is-overshot-describe-a-product-or-industry-that-you-feel-falls-into-this-category/.

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Academic.Tips. "How can you tell when a market is overshot? Describe a product or industry that you feel falls into this category." June 10, 2021. https://academic.tips/question/how-can-you-tell-when-a-market-is-overshot-describe-a-product-or-industry-that-you-feel-falls-into-this-category/.

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