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You run a branch of a very technologically savvy real estate agency in a large city. The company employs a powerful database to enable realtors to pinpoint the properties that most accurately meet their clients' specifications. Realtors currently consult the database with clients in the office, to create a list of desirable properties to view. But you think it would be even more effective and lead to quicker transactions if realtors could access the database outside the office with clients. After some research you find that the purchase of iPads for the realtors would make this possible.
-Writing a proposal to request this from the company owners would be an example of a(n) ________.
Price Range
The difference between the lowest and highest prices within a given market.
Price Inelastic
Refers to a condition where the demand for a good does not significantly change with a change in its price.
Bumper Crop
An exceptionally large harvest of crops in a given season, often beyond what was expected, typically resulting in decreased prices due to increased supply.
Farm Revenues
The total income received by a farm from the sale of its products and services.
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