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Generally,a Firm Is More Willing and Able to Increase Quantity

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Generally,a firm is more willing and able to increase quantity supplied in response to a price change when


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Crowdsourcing

The practice of obtaining needed services, ideas, or content by soliciting contributions from a large group of people, especially from an online community.

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A term popularized from baseball, referring to the strategy of using statistical analysis to acquire undervalued players and gain competitive advantage.

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The systemic computational analysis of data or statistics used to discover patterns and interpret information to support decision-making.

Analytics

The systematic computational analysis of data or statistics to identify patterns, trends, or insights.

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