Examlex
The major benefit of using application service provider is that company resources are not used to purchase or maintain an internal network or intranet.
Price Change
An alteration in the cost to purchasers of goods and services over time or in response to supply and demand conditions.
Total Utility
The total satisfaction a consumer gets from consuming a certain quantity of goods or services.
Demand Curves
A graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers, typically downward sloping.
Purchasing Power
The quantity of goods or services that a person or entity can buy with a given amount of currency.
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