Examlex
What bird, due to human efforts, has been removed from the endangered species list and is now listed as threatened?
Total Revenue
The total amount of money generated from the sale of goods or services before any costs or expenses are deducted.
Price Elasticity
The extent to which the amount of a good that is sought after moves due to a difference in price.
Price Reduction
A decrease in the amount charged for a good or service, often used as a sales strategy to increase demand or respond to excess supply.
Demand Elastic
The responsiveness of the quantity demanded of a good or service to a change in its price; higher elasticity means consumers are more sensitive to price changes.
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