Examlex
Which of the following is NOT a strength of a functional organization structure?
Elasticity Of Supply
A measure of how much the quantity supplied of a good changes in response to a change in price.
Price Elastic
A characteristic of goods for which demand or supply changes significantly when the price changes.
Honda Accords
A series of automobiles manufactured by Honda, known for their reliability and efficiency.
Unitary
In the context of price elasticity, a situation where a change in price leads to a proportional change in quantity demanded, meaning the elasticity is equal to one.
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