Examlex
The institutional perspective explains why organizational diversity continuously increases with the appearance of new organizations filling niches left open by established companies.
Substitute Goods
Products or services that can serve as replacements for each other; when the price of one increases, the demand for the other increases.
Liquid Laundry Detergent
A water-based cleaning agent used for washing clothes, which is specially formulated to dissolve, suspend dirt and soils, and rinse them away, leaving the fabric clean.
Powdered
Reduced to a fine or dust-like particle size through grinding or pulverization.
Demand Curve
A graphical representation showing the relationship between the price of a good and the amount of the good that consumers are willing and able to purchase at each price.
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