Reading Compression

20 20 Supply and Demand terms terms

Consult unknown words in the text "supply an demand"

Appearance
noun
the way that someone or something looks.
Example: My favorite actor will be making an appearance in this series
en: Apariencia/Aspecto
Appearance
Brand
noun
A brand is an intangible marketing or business concept that helps people identify a company, product, or individual.
Example: We spent a year defining our brand before launching it to the public.
en: Marca
Brands
Cheerful
adjective
noticeably happy and optimistic.
Example: I don't understand how you can be so cheerful this early in the morning.
en: Alegre
Cheerful
Competition
noun
the activity or condition of striving to gain or win something by defeating or establishing superiority over others
Example: The competition between them was fierce
en: Competencia
Competition
Customer
noun
A person who buys goods or services from a shop or business.
Example: There is a customer waiting at register seven.
en: Cliente/Clienta
Customer
Demand
noun
Demand is an economic principle referring to a consumer's desire to purchase goods and services and willingness to pay a price for a specific good or service.
Example: Remind the property owner that there are more offers than demand in the market, which will make it difficult to find new tenants and reduces the value
en: Demanda
market
Developing
Adjective
Growing and becoming more mature, advanced, or elaborate
Example: Some economists still consider Greece to be a developing economy
en: Desarrollo
Developing
Features
noun
A distinctive attribute or aspect of something
Example: The building's main feature is its modern architecture
en: Características
Features
High Price
phrase
costing a great deal; expensive
Example: Everything in this store has a high price. There are stores that carry the same products at 75% of the cost
en: Precio Alto
High price
Inexpensive
noun
not costing a great deal; cheap.
Example: The product is inexpensive, but it's of very good quality
en: Barato
Inexpensive
Jewellery
noun
personal ornaments, such as necklaces, rings, or bracelets, that are typically made from or contain jewels and precious metal
Example: I didn't know that jeweller's had closed down.
en: joyería
Jewellery
Life Cycle
noun
A life cycle is a way to describe the birth, growth and maturation, and eventual decline of a product or service.
Example: The battery has a life cycle of 1000 charges and discharges
en: Ciclo de Vida
Life Cycle
Market Segment
noun
The term market segment refers to people who are grouped together for marketing purposes.
Example: We are witnessing the spreading of this situation in almost every market and market segment
en: Segmento de Mercado
Market Segment
Marketing Strategy
noun
A plan of action designed to promote and sell a product or service
Example: However, having an online marketing strategy is not enough.
en: Estrategia de Mercado
marketing
Mass Market
noun
The market for goods that are produced in large quantities
Example: Mobile technologies have hit the mass market
en: Mercado Masivo
mass market
Packaging
noun
Materials used to wrap or protect goods.
Example: He has a job designing packaging for cosmetic products.
en: Empaque/Embalaje
Packanging
Price
noun
the amount of money expected, required, or given in payment for something.
Example: The price of gas keeps rising
en: Precio
Price
selling
noun
the activity of making products and services available so that people buy them
Example: She was really good at selling houses
en: Venta
Selling
Supply
noun
Supply is a fundamental economic concept that describes the total amount of a specific good or service that is available to consumers
Example: The supply of clothes is very limited
en: Oferta
supply
Target
noun
A target is something at which someone is aiming a weapon or other object
Example: I set myself a target to earn a million dollars by the time I'm 30
en: Objetivo
Target