Examlex
If a firm must produce a significant share of market output before low average costs can be achieved, the structure of this industry will tend to be
La Niña
A climate pattern characterized by cooler than average sea surface temperatures in the central and eastern tropical Pacific Ocean, influencing global weather patterns.
Moist Air
Air that contains a high level of water vapor, often leading to higher humidity levels and affecting weather patterns and human comfort.
Precipitation
Any water substance, whether solid or liquid, that comes down from the clouds and touches the Earth, encompassing rain, snow, sleet, and hail.
Greenhouse Effect
The warming of Earth's surface and lower atmosphere caused by the presence of certain gases in the air which trap energy from the sun.
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