Examlex
According to _____,the only performance measurement is the cost of quality,which is the expense of nonconformance and the only performance standard is"Zero Defects (ZD) ."
Elastic
Describes a situation where the quantity demanded or supplied of a good changes significantly in response to price changes.
Demand
The willingness and ability of consumers to purchase goods or services at various price levels.
Revenue
The earnings a company garners from its principal operations, often through selling products and services to its clientele.
Supply
The total amount of a particular good or service that is available to consumers at a given price level in a given time period.
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