Examlex
Which of the following were new inventions of the early transportation and industrialization era?
Past Demand
Historical data regarding the quantity of goods or services that were sought after by consumers in previous periods.
Qualitative Approach
A research strategy focusing on understanding the quality, nature, or characteristics of phenomena rather than quantifying them with numbers.
Random Fluctuations
The unpredictable changes in variables or systems over time, which can be due to a variety of uncontrolled or random factors.
Seasonal Fluctuations
Variations in demand, supply, or other economic factors that regularly occur at specific times of the year due to changes in season.
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