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Product Differentiation
Identifying unique features of a product or service to make it more attractive to a specified segment of the market.
Elasticity
A measure of how much the quantity demanded or supplied of a good responds to a change in price, income, or other factors.
Demand Curve
A graph showing the relationship between the price of a good and the quantity demanded, typically downward sloping, reflecting the inverse relationship between price and demand.
Internet-Related Firms
Companies whose primary business model is based on internet technologies, services, or platforms.
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