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What Is a Subchapter S Corporation, and What Are Its

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What is a Subchapter S Corporation, and what are its requirements?


Definitions:

Internet Search Industry

A sector of the economy that involves companies which provide technologies and services for searching information on the Internet.

Product Differentiation

The process of distinguishing a product or service from others in the market to make it more attractive to a targeted audience.

Elasticity

A determination of how the need or provision of a product varies in reaction to changes in its price.

Demand Curve

A graph showing the relationship between the price of a good and the amount of the good that consumers are willing and able to purchase, ceteris paribus.

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