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Document 8

The document outlines basic economic terms relevant to commerce students. Key terms include demand, supply, market, and GDP, each defined succinctly. These concepts are fundamental for understanding economic principles.

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eatmybullets505
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5 views1 page

Document 8

The document outlines basic economic terms relevant to commerce students. Key terms include demand, supply, market, and GDP, each defined succinctly. These concepts are fundamental for understanding economic principles.

Uploaded by

eatmybullets505
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Basic Economic Terms for Plus Two Commerce

1. Demand: The desire to buy goods or services.

2. Supply: The amount of goods available.

3. Market: A place where buying and selling happens.

4. GDP: The total value of goods and services produced in a country.

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