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Briefly describe Spelman's work and provide the definition of elasticity. What were his findings and how do they affect incapacitation theory?
Wholesalers
Entities engaged in selling goods in large quantities to retailers, other merchants, or industrial, institutional, and commercial users.
North American Industry Classification System
A classification system that categorizes businesses into detailed sectors and industries, primarily to facilitate economic data analysis and reporting.
NAICS
The North American Industry Classification System; a standard used by federal statistical agencies for classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. economy.
Industry Definitions
Specific terms and jargon used within a particular sector to describe processes, tools, roles, and standards.
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