Examlex
Age at learning a second language is the only factor that determines proficiency.
Economic Profits
The difference between a firm's total revenues and its total costs, including both explicit and implicit costs, often indicating a firm's efficiency.
Corn Market
The trading and economic sector focused on the cultivation, distribution, and sale of corn as a commodity.
Market Supply
The total amount of a specific good or service that is available to consumers in a market at current prices.
Increasing-cost Industry
An increasing-cost industry is one in which the entry of new firms raises the average costs of production, often due to limited resources or increasing prices for inputs.
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