Examlex
An increase in the price of a resource will cause a rightward shift of its supply curve.
Purchase Decision
The final determination or choice made by a consumer to buy a product or service after considering various factors.
Informing
The act of providing useful or necessary information to people.
Marketing Mix
Blending the four elements of marketing strategy—product, distribution, promotion, and pricing—to fit the needs and preferences of a specific target market.
Differentiate
To recognize or ascertain what makes something or someone different.
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