Examlex
______________ power in the Porter's Five Forces Model is high when buyers have few choices to buy from and low when their choices are many.
Cost of Living
The sum of funds necessary to meet essential costs, including accommodation, nutrition, taxation, and medical care in a specific location and period.
New Goods
Products that have been recently introduced to the market, often featuring new technologies or innovations.
Core CPI
A measure of the underlying trends in the Consumer Price Index, excluding food and energy prices because they can fluctuate widely from month to month.
Consumer Price Index
An index measuring the change over time in the price of a basket of consumer goods and services, often used to assess inflation.
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