Examlex
Give the suffix in each term and the meaning of the entire term:
-renal:
suffix: _____ meaning: __________
Socially Efficient Quantity
The level of production or consumption that maximizes social welfare, taking into account all external costs and benefits.
Demand Curve
A graphical representation of the relationship between the price of a good and the quantity demanded by consumers.
Deadweight Loss
A loss of economic efficiency that can occur when the equilibrium in a market is not achieved or is not achievable.
Society
A group of individuals involved in persistent social interaction, or a large social group sharing the same geographical or virtual territory, typically subject to the same political authority and dominant cultural expectations.
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