Examlex
Match each item with a statement below.
a.posttest
f.loop exit condition
b.looping condition
g.index
c.update read
h.pretest
d.repetition
i.String Collection Editor window
e.collection
-A group of individual objects treated as one unit.
Supply
represents the total amount of a product or service that is available for purchase at any given price in a market.
Price Change
Price change refers to the variation in the cost of goods and services over time.
Equilibrium Price
The price in a competitive market at which the quantity demanded and the quantity supplied are equal, there is neither a shortage nor a surplus, and there is no tendency for price to rise or fall.
Relatively Inelastic
Describes a situation where the demand for a good or service changes by a smaller percentage than changes in its price, indicating consumers' less sensitive response to price changes.
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