Examlex
Near field communication (NFC)is a set of standards used to establish communication between devices in very close proximity.
Cross Price Elasticity
A measure of how the demand for one product changes in response to a change in the price of another product, indicating substitutes or complements.
Substitutes
Goods or services that can replace each other in use, affecting demand when their prices or other attributes change.
Demand
The quantity of a product or service consumers are willing and able to purchase at various prices.
Tax Revenue
The income that is gained by governments through taxation.
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