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Tech Gadgets Co

question 35

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Tech Gadgets Co.is revamping its distribution strategy.If the goods manufactured by Tech Gadgets Co.are simple, inexpensive, and easily transported, it is typical that they would be distributed widely and


Definitions:

Shift

In economics, a change in the position of a demand or supply curve on a graph, indicating a change in the quantity demanded or supplied at every price.

Economic Growth

An increase in the production of goods and services over a specific period, often measured as the rate of increase in gross domestic product (GDP).

Shift

A change in the position of a demand or supply curve on a graph, indicating a change in the quantity demanded or supplied at any given price.

Capital Stock

The total amount of physical goods that are used for production of other goods and services.

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