Examlex
In order, what are the first three steps in BPM?
Electricity Consumption
The amount of electrical energy used by households, businesses, and industries over a certain period, typically measured in kilowatt-hours (kWh).
Price Elasticity
A gauge of the extent to which the demand for a certain item is affected by fluctuations in its cost.
Electricity Consumption
The total amount of electric power used by consumers within a specific period.
Perfectly Elastic
Describing a situation where the quantity demanded or supplied responds infinitely or by an unlimited amount to a change in price.
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