Examlex
Identify one advantage of cloud-based enterprise systems as compared to on-premise systems.
Circular-Flow Diagram
A pictorial scheme of the economy, focusing on the exchange of dollars between households and firms through the market system.
Product Market
The marketplace where final goods or services are traded between sellers and consumers.
Circular-Flow Diagram
A visual model that illustrates the flow of goods and services and money between households and firms in an economy.
Household
An individual or group of people living together and making joint decisions regarding consumption and finances.
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