Examlex
According to the text, GIGO stands for:
Demand Function
A mathematical representation of the relationship between the quantity demanded of a good and its price, along with other factors.
Undercoverage
A bias in statistical sampling where some members of the intended population are inadequately represented.
Supply and Demand
A fundamental economic model that describes the relationship between the availability of a product or service and the desire for it among consumers.
Markup Percentage
The ratio of profit added to the cost price of goods to determine the selling price, expressed as a percentage of the cost.
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