Examlex
_________ is a strategy that focuses on increasing profits,revenues,market share,or the number of places in which a company does business.
A.Retrenchment strategy
B.Stability strategy
C.Recovery strategy
D.Growth strategy
Demand Curve
A graphical representation showing the relationship between the price of a good and the quantity of that good that consumers are willing and able to purchase at various prices.
Economic Profit
The variance between an enterprise's aggregate income and total outlays, taking into account both clear and assumed costs.
Short-Run Equilibrium
The state in a market where supply equals demand within a limited time frame, before any long-term adjustments take place.
Long-Run Equilibrium
A state in which all factors of production and outputs are optimal, allowing for all economic agents to have no incentive to change their behavior.
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