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To be most effective, paragraphs in business messages should be limited to eight or fewer printed lines.
Market Equilibrium Price
The price at which the quantity of goods supplied equals the quantity of goods demanded in a market.
Market Share
The portion of a market controlled by a particular company or product.
Revenue
The total amount of money generated by a company from its business activities, such as sales of goods or services, before any expenses are subtracted.
Price-Taker Market
A market situation where sellers or buyers have no influence on the price of a product or service, taking the market price as given.
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