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Use the figure below to answer the following questions. Figure 13.2.6
-Refer to Figure 13.2.6,which shows the demand curve,marginal revenue curve and cost curves faced by Gap.Gap's economic ________ is ________ a day.
Purchase Decision
The process by which a consumer decides to buy a product or service, influenced by factors such as need, desire, and the perceived value of the item.
Ultimate Consumer
The end user of a product or service, who purchases and uses goods and services for personal use rather than for resale or production.
Increase Profitability
Strategies or actions aimed at enhancing a company's financial gains by increasing revenue, reducing costs, or both.
Operate Efficiently
The ability of an organization to maximize outputs while minimizing inputs and waste.
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