Examlex
In the short run, changes in output can only be brought about by a change in the quantity of variable inputs.
Nondiscriminating Consumers
Customers who do not show preference or bias towards products based on brand, appearance, or other superficial factors, focusing instead on functionality or value.
Similar Needs
The comparable or identical requirements or desires of different customers or client segments.
Tata Motors
An Indian multinational automotive manufacturing company, part of the Tata Group, known for producing cars, trucks, vans, coaches, buses, sports cars, and construction equipment.
Low-Cost Cars
Vehicles designed and marketed to be affordable for consumers, typically featuring lower price points and basic features.
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