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If sellers do NOT respond at all to a change in price:
Investments
Assets purchased with the expectation that they will generate income in the future or appreciate and be sold at a higher price.
Standby Equipment
Equipment that is kept on hand and ready to be used as a backup in case primary equipment fails.
Property, Plant, Equipment
Long-term tangible assets used in the operation of a business that are expected to provide benefits for more than one year.
Intangible Assets
Non-physical assets owned by a business, such as patents, copyrights, trademarks, and goodwill, that provide economic benefits.
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