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What Type of Feedback Would a Small Restaurant Use to Determine

question 12

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What type of feedback would a small restaurant use to determine if it has met its goals?


Definitions:

Import

The act of bringing goods or services into one country from another country for sale or use.

Export

Products or services traded or sold from one nation to another.

Consumer Surplus

The gap between the price consumers are prepared to pay for a product or service and the amount they end up spending.

Autarky

A situation where a country is self-sufficient and does not engage in international trade.

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