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Sean was recently added to the marketing team at Axon International.He will be starting at the company in two weeks.Sean has had the reputation of being an expert in ad campaigns and catching the nerve of the target audience.However,he also has the reputation of not getting along with anyone.He doesn't care much about where and for whom he works but is primarily motivated to achieve goals for himself and beat his own records.As soon as Amanda heard about Sean joining the team,she turned in her resignation.Ashton,another team member,called Sean and held a lunch meeting to express all the team members' concerns.He tried to reason with Sean to smooth things out before he formally joins the team.
Complementary Products
Goods or services that are used together, where the use of one increases the value or demand for the other.
Good Substitutes
Products or services that can replace each other in use, offering consumers alternatives that fulfill the same need or function.
Price Elasticity
An indicator of the variation in the amount of a product desired by consumers as its cost fluctuates.
Consumer Surplus
The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually pay.
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