Examlex
Hardware consists of the instructions executed by the computer to complete a specific task.
Pure Competition
A market structure characterized by a large number of sellers offering identical products, where no single seller can influence market prices.
Substitutes
Products or services that can serve as replacements for each other, fulfilling the same need or desire.
Market Segments
Groups of potential customers with similar needs, wants, and characteristics that a company targets with its products or services.
Deep Discounts
Significant reductions in price offered to consumers, often to clear inventory or boost sales temporarily.
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