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What was a long-term consequence of the catastrophic bubonic plague in Europe?
Supply Curve
A graphical representation showing the relationship between the price of a good or service and the quantity thereof that producers are willing to supply.
Alternative Good
A product or service that consumers may choose as a substitute for another good or service.
Quantity Supplied
The amount offered for sale per period at a particular price, as reflected by a point on a given supply curve.
Resource Prices
Prices of inputs used in the production of goods and services, including raw materials, labor, and capital.
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