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Many potential relationships never even have the chance to develop; the two potential partners simply wait for the other to "make the first move," and the relationship never begins. Research suggests that this may happen because people tend to attribute their own inaction to _______ and the other person's inaction to _______.
Industry Equilibrium Price
The price at which the quantity of goods supplied equals the quantity of goods demanded in an industry.
Marginal Revenue
The extra revenue received from selling an additional unit of a product or service.
Profit-Maximizing
A process or strategy aiming to achieve the highest possible profits from business operations.
Marginal Revenue Curve
A graphical representation showing how marginal revenue varies as output quantity changes, typically downward sloping for firms in competitive markets.
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