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Ethical Behavior Focuses on Treating Others Fairly

question 158

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Ethical behavior focuses on treating others fairly.


Definitions:

Special Sale

A promotional offer that temporarily reduces the price of items or services to encourage purchases.

Price Range

The spread between the highest and lowest selling price of a good or service in a market over a certain period of time.

Total Revenues

The total amount of money generated by a firm from its sales activities before any expenses are subtracted.

Elastic

A description of a variable's sensitivity to change in another variable, often used in economics to describe how demand or supply responds to changes in price.

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