Examlex
Groups that try to influence policy primarily by getting their members elected or appointed to government office are known as
Total Revenue
The sum of money a company earns from selling products or providing services in a specific time frame.
Elastic
Describes a situation where the quantity demanded or supplied of a good or service is highly responsive to changes in its price.
Inelastic
Characterizes a situation where the demand for a product is not significantly affected by changes in price.
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