Examlex
Selective cutting usually involves leaving a small number of seed-bearing trees,which are a source of seed for establishing natural vegetation after harvest.
Demand
The amount of a product or service that buyers are ready and capable of buying at different price levels over a specific time frame.
Supply Curve
A graph showing the relationship between the price of a good and the quantity of that good that suppliers are willing to produce and sell.
Price Elasticity
A measure indicating the extent to which the demand for a merchandise changes following a price adjustment.
Short Run
A period in economics during which at least one input is fixed and cannot be changed by the firm.
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