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The Dean's laissez faire attitude hit its zenith when he had missed five department chair meetings in a row despite the pressing needs of the MBA Curriculum Revision Team.No one was sure what to do so they did nothing,and the MBA program remained as it had always been as the revision team slunk back to their offices.If only there had been:
Percent Change
A mathematical calculation that describes the degree of change over time, expressed as a percentage.
Demand Curve
A graphical representation of the relationship between the price of a good and the quantity demanded for a given period.
Price Ceiling
a legally established maximum price for goods or services, aimed at keeping prices from rising to high levels.
Equilibrium
A condition in markets where supply equals demand, and there is no external pressure for change.
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