Examlex
Janet has a handle on the market opportunity.She is considering adding information on TAM (total available market) ,SAM (serviceable available market) ,and SOM (share of market) into the pitch deck.She should ______.
Equilibrium
A condition or state in which market supply and demand balance each other, and as a result, prices become stable.
Buffalo Meat
The meat derived from buffaloes, considered a source of protein and widely consumed in certain cultures and countries.
Surplus
The situation in which the quantity of a product supplied exceeds the quantity demanded at the current price; often leads to downward pressure on prices.
Shortage
A situation in which the demand for a product or service exceeds the supply available at a specific price.
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