Examlex
A distribution strategy that puts the product into as many retail outlets as possible is known as an intensive distributive strategy.
Demand Curve
A graph showing the relationship between the price of a good and the quantity of the good that consumers are willing and able to purchase at various prices.
Elastic Demand
A situation where the quantity demanded of a good or service changes significantly in response to a change in price.
Total Revenue
The total amount of money a firm receives by selling goods or services.
Price Elasticity
A rating of the degree of demand fluctuation for an item as a consequence of variations in its price.
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