Refer to the above diagram,in which S1 and D1 represent the original supply and demand curves and S2 and D2 the new curves.In this market:
Definitions:
Stability
The state of being steady and unchanging, often desired in economic, social, and environmental contexts for predictability and security.
BCG Matrix
A strategic business tool used to evaluate the relative market position and potential growth of different products or business units within a company's portfolio.
Market Growth Rate
The increase in the size or sales of a specific market over a set period of time, often expressed as a percentage.
Market Share
The portion of a market controlled by a particular company or product, expressed as a percentage of total sales in that market.
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