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Cross Price Elasticity
A measure of how the demand for a product changes in response to a change in the price of another related product.
Customer Retention Rate
A measure of a company's ability to keep its customers over a period. It reflects the percentage of customers who remain with the company for a specific time.
Credit Score
A numerical expression based on a level analysis of a person's credit files, representing the creditworthiness of the individual.
Industrialization
The process in which a society or country transforms itself from a primarily agrarian society into one based on the manufacturing of goods and services.
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