Examlex
Selective distribution is growing in popularity because it provides 100 percent coverage of the market.
Expand
To increase in size, number, or importance, often relating to businesses aiming to grow through increased operations, product lines, or market reach.
Equilibrium
The condition that exists when quantity supplied and quantity demanded are equal. At equilibrium, there is no tendency for price to change.
Incentive
A factor, often financial, that motivates individuals or organizations to perform certain actions or behave in a desired way.
Long Run
A period in economics sufficient for all adjustments to be made, including physical capital and not just prices.
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