Examlex
Describe at least three methods of note taking that you have used so far this term, and explain when and how you have used each. Be specific and include examples in your response.
Strategic Analysis
An evaluation of an organization's external and internal environments to formulate strategies for competitive advantage.
Price Elasticity
A measure of how much the quantity demanded of a good responds to a change in the price of that good, with higher elasticity indicating greater responsiveness.
Demand
The quantity of a good or service that consumers are willing and able to purchase at various prices over a given period of time.
Perfectly Elastic
A market condition where demand or supply responds infinitely at a particular price level and zero elsewhere.
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