Examlex
Formulaic approaches for using balanced scorecard results
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a specific price level, within a specified time period.
Quantity Supplied
The amount of a product or service that producers are willing and able to sell at a given price level during a specific time period.
Inelastic Demand
A market situation in which the demand for a product does not significantly change with its price increase or decrease.
Total Revenues
The entire amount of income generated by a company from its business activities, before any expenses are subtracted.
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