Examlex
An institution that makes savings available to dissavers (e.g.investors) is known as
Producer Surplus
The difference between what producers are willing to sell a good for and the actual price they receive.
Production Costs
The total amount spent by a business to produce goods or services, including materials, labor, and overhead expenses.
Equilibrium Point
In economics, the point at which the supply and demand curves intersect, indicating the price at which the quantity supplied equals the quantity demanded.
S And D Curves
Graphical representations of the supply and demand in a market, showing how quantity supplied and quantity demanded vary with price.
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