Examlex
Which of the following statements is true of needs assessment?
Fitness Equipment
Tools and machines designed for physical exercise to improve strength, fitness, and overall health.
Price of Steel
Refers to the current market value or cost of steel, a critical material in various industries, influenced by supply, demand, and international market conditions.
Equilibrium Price
The price at which the quantity of a product offered is equal to the quantity of the product demanded, leading to a stable market condition.
Equilibrium Quantity
The quantity of goods or services supplied and demanded at the point where the supply and demand curves intersect.
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