the network of power lines.
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Grade 12
Type: Study Card
PPI stands for producer price index. It is an index of the prices of a representative basket of...
Type: Glossary
the quantity demanded or supplied will change depending on changes in the price.
Type: Glossary
measures how consumers respond to a change in the price.
Type: Glossary
a measure of how producers will react to a change in the price.
Type: Glossary
consumers will not react; or react only slightly; to a change in price.
Type: Glossary
the supply decreases very little in relation to a large change in price.
Type: Glossary
producers that can influence the total market supply or the price of the products.