Examlex
How do marketers segment a market?
Equilibrium Price
The price point in the market at which the amount of goods being offered is equal to the amount of goods being sought.
Quantity Supplied
The volume of a commodity or service that sellers are ready and capable of providing at a specific price within a given period.
Surplus
An excess of production or supply over demand, often resulting in lower prices.
Cutting
The act or process of reducing something in size, amount, or extent.
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