Examlex
Describe the seven Ps of service that would be involved in a banking service.
Demand Schedule
A diagram indicating the volume of a good or service buyers intend and can afford to buy across a range of prices.
Demand Increased
A situation where consumers are willing and able to purchase more of a good or service at any given price level, often leading to higher prices.
Demand Decreased
A situation where the desire or need for a certain product or service declines, leading to a decrease in its quantity demanded at a given price.
Quantity Supplied
The total amount of a specific good or service that producers are willing and able to sell at a given price within a specified period.
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