Examlex
The key technological elements of future services include __________ and personalization.
Production Costs
The total expenses incurred in manufacturing a product or offering a service, including raw materials, labor, and overhead.
Consumer Income
The total amount of income a consumer or household earns from various sources, including employment, investments, and benefits, which impacts their spending and saving behaviors.
Demand Curve
A graph showing the relationship between the price of a good and the quantity demanded at those prices.
Consumer Income
The total earnings of an individual or household from various sources, determining their purchasing power.
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