Examlex
Explain the difference between brand name and trademarks.
Demand
The desire to own anything, coupled with the power to obtain it.
Price Increase
A rise in the cost of goods and services, which can be caused by factors such as inflation, increased production costs, or higher demand.
Demand Curves
Graphs displaying the relationship between the price of a good and the quantity demanded by consumers, typically downward sloping.
Original Price
The initial price of a product or service before any discounts, markdowns, or promotions.
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