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What was inflation in Canada in the 1990s?
Regulatory Environment
Comprises laws, regulations, and governmental guidelines that govern the operation of businesses and industries.
Political Environment
Refers to the impact of government actions, stability, policies, and regulations on an organization's operations.
Equilibrium Price
The price at which the number of products that businesses are willing to supply equals the amount of products that consumers are willing to buy at a specific point in time.
Supply
The number of products—goods and services—that businesses are willing to sell at different prices at a specific time.
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