Examlex
Binge viewers are people who record an entire season of a TV series and then watch all the episodes consecutively and without commercials.
Market Equilibrium
A situation in which market supply equals market demand, so there is no incentive for price changes unless external conditions change.
Great Depression
A severe worldwide economic downturn during the 1930s, marked by prolonged unemployment, deflation, and significant declines in economic activity.
Economic Principle
Fundamental concepts that underpin the study and practice of economics, such as supply and demand or the cost-benefit analysis.
Productive Capacity
The maximum output a firm or economy can produce with its current level of resources and technology.
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