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What Is Said to Exist When Total Demand Equals Total

question 15

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What is said to exist when total demand equals total supply in a transportation problem?


Definitions:

Ownership

The legal right or title to control and use property, assets, or resources, including the responsibilities and benefits that come with it.

Sales Response Function

Relates the expense of the marketing effort to the marketing results obtained.

U-shaped

Refers to a pattern or layout that resembles the letter “U,” often used to describe the configuration of tables, desks, or other arrangements.

S-shaped

A term often used to describe a curve or growth pattern that starts slowly, accelerates, and then slows down again, resembling the letter "S."

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