Examlex
When looking to purchase a mobile phone,describe the components that make up the total product.
Market
A system through which buyers and sellers interact to trade goods, services, or resources.
Law Of Supply
The principle that, all else equal, an increase in the price of a good will result in an increase in the quantity supplied.
Suppliers
Entities or individuals that provide goods or services to consumers, businesses, or other organizations.
Good
A physical item that is produced and can be offered to the market to satisfy a want or need.
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