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More cards in this set
Card 6
Front
responsiveness of a change in demand to a change in price
Back
Card 7
Front
initially low price to attract customers before raising the price once consumer loyalty is gained
Back
Card 8
Front
method of differentiation
Back
Card 9
Front
responsiveness of a change in demand to a change in income
Back
Card 10
Front
output per unit of input in a given period of time
Back
Card 11
Front
percentage of total capacity which is being used
Back
Card 12
Front
minimising waste during the stages of production
Back
Card 13
Front
time delay between a decision being made and it being carried out
Back
Card 14
Front
integration of the worlds single markets into one international one
Back
Card 15
Front
economies with high levels of economic growth and stable economies
Back
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