Please Define the Following Key Terms

question 63

Short Answer

Please define the following key terms
-Songhai empire

Understand how to view and edit account preferences and settings in QuickBooks.

Understand the relationship between future price expectations and current demand.

Analyze market equilibrium, including the effects of changes in supply and demand on price and quantity.

Understand the concept of surplus and shortage in a market and calculate its magnitude.

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Definitions:

Empowerment Gap

The disparity between groups in their access to resources and opportunities that allow for empowerment and decision-making.

Service Gap

Results when a service fails to meet the expectations that customers have about how it should be delivered.

Knowledge Gap

The difference in understanding or information between individuals or groups, especially in relation to access or comprehension of specific subject matter.

Tangibles

Physical items or goods that can be seen, touched, and measured, as opposed to services or digital products.