Examlex
Business letters always use the most formal level of language and forms of address.
Market Demand Curve
A graphical representation showing the relationship between the price of a good and the quantity demanded by all consumers in the market.
Monopoly
is a market structure characterized by a single seller, selling a unique product in the market without any direct competition.
Franchise
A business model that allows one to use another's established brand and operating systems in exchange for a fee and ongoing royalties.
Cable Television
A system for delivering television programming to viewers via radio frequency signals transmitted through coaxial cables or light pulses through fiber-optic cables.
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