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Although marketing and sales thought worlds are different, an organization suffers when
Elasticity Of Market
A measure of how the quantity demanded or supplied of a good changes in response to price or other economic factors.
Supply Elasticity
A measure of how much the quantity supplied of a good changes in response to a change in its price.
Buying Price
The cost at which an individual or organization is able to purchase a good, service, or asset.
Oligopsony
Market with only a few buyers.
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