-If a small percentage change in the price brings a very large percentage change in the quantity supplied,then the supply is almost perfectly ________ and the supply curve is almost ________.
Definitions:
M-form Design
A type of organizational structure known as the Multidivisional form, characterized by a series of semi-autonomous divisions that are responsible for different products or markets, overseen by a central headquarters.
Functional Design
An approach to designing products, services, or systems that focuses on practicality and performance, meeting specific objectives and user needs.
Divisional Design
A type of organizational structure that groups together departments based on similar products, services, markets, or geographic locations.
Stability Strategy
A business approach aimed at maintaining current operations and focusing on consistent performance and steady growth, rather than rapid expansion or restructuring.
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