Examlex
When the price of bread increases by 5 per cent, the quantity demanded of crackers increases by 2 per cent. The cross elasticity of demand between crackers and bread is:
Communication Technologies
Tools and platforms that facilitate the transfer of information between entities over distances, including the internet, broadcasting media, and telecommunication systems.
Global Village
Refers to the concept of the entire world becoming more interconnected and accessible, making distance less significant in terms of communication and cultural exchange.
Mass Media
Refers to a diverse array of media technologies that reach a large audience via mass communication, including newspapers, television, radio, and the internet.
Johannes Gutenberg
A German blacksmith, goldsmith, printer, and publisher who introduced printing to Europe with his mechanical movable-type printing press.
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