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Product Demand
Refers to the desire and necessity for consumers to purchase a specific good or service.
Carrying Cost
Costs incurred by holding inventory, including storage, insurance, and opportunity costs, over a specific period.
Credit Sales
Credit sales are transactions where the purchase of goods or services is made on credit, with payment to be made at a later date.
Lenient Credit Terms
Lenient credit terms are more favorable conditions provided by a lender, allowing for longer repayment periods or lower interest rates to facilitate easier repayment for the borrower.
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