Examlex
Discuss the implications for managers that work with different national
Arbitrage
The simultaneous buying and selling of assets in different markets to exploit price differences for profit.
Elasticity of Demand
A gauge for the responsiveness of how much a product is wanted relative to fluctuations in its price.
Inelastic Demand
A market situation where the demand for a product does not significantly change with a change in price.
Elastic Demand
A market condition where the demand for a product or service significantly changes in response to price changes.
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