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Initial level of product knowledge is determined by group, marketing and
Digital Cameras
Electronic devices capable of capturing and storing photographs in digital format, allowing for easy manipulation, storage, and sharing.
Memory Cards
Portable electronic storage devices used to store digital information, such as data for cameras, smartphones, and other gadgets.
Demand Curve
A graph showing the relationship between the price of a good and the quantity demanded by consumers, typically downward sloping.
Inferior Good
A type of good whose demand decreases as the income of consumers increases, inverse to the typical demand pattern.
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