Examlex
Discuss the impact of brainstorming on the possibility of groupthink.
Short Run
A period in which at least one input (like plant and equipment) is fixed and cannot be changed by a business.
Long Run
A period of time in which all factors of production and costs are variable, allowing all inputs to be adjusted.
Alternative Goods
Products or services that can be used in place of each other, satisfying the same customer need or want.
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