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Identify/define and explain the significance of the following: Boer War.
Number of Sellers
Refers to the total count of providers or suppliers offering a product or service in a market.
Suppliers' Expectations
The anticipations of future market conditions by those who provide goods or services, influencing their current supply decisions.
Advancement in Technology
Improvements and innovations in technology that enhance productivity, efficiency, and often lead to the creation of new products or services.
Technological Advance
The improvement or innovation in technology that increases productivity, efficiency, or brings new products and services to the market.
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