Examlex
The point at which one neuron meets another is called a synapse.
Equilibrium
A state in which market supply and demand balance each other, and as a result, prices become stable.
Comparative Advantage
The ability of a country, individual, or firm to produce a particular good or service at a lower opportunity cost than others.
Marginal Cost
The cost incurred by producing one additional unit of a product or service.
Opportunities Forgone
The benefits, profit, or value of something that must be given up to acquire or achieve something else.
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