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Which of the Following Is an Important Thing to Keep

question 74

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Which of the following is an important thing to keep in mind as you create your mobile design?


Definitions:

Total Revenue

The overall revenue generated by a business through the sale of goods and offering of services within a set time period.

Purely Competitive Firm

A firm that operates in a market where there are many buyers and sellers, all products are identical, and there are no barriers to new firms entering the market.

Vertical Axis

The “up-down” or “north-south” measurement line on a graph or grid.

Marginal Revenue

The financial gain from disposing of one extra unit of a product or service.

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