Examlex
Which of the following is not a common source of new business opportunities?
Elastic
Describes a situation where the demand for a good or service significantly changes in response to a change in price.
Optimal Tax
A taxation principle aiming to maximize economic efficiency without imposing undue burdens or distortions.
Deadweight Loss
Economic efficiency loss occurring when free market equilibrium is not achieved for a good or service.
Revenues
The income generated from normal business operations and includes discounts and deductions for returned merchandise.
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