Examlex
Generally, when an acceptance to a sales contract between merchants includes terms additional to those in the offer, the terms automatically become part of the deal.
Flood
An overflow of water that submerges land that is usually dry, often caused by heavy rain, melting snow, or breach in water containment systems.
Inputs
Resources used in the process of production, including labor, materials, and capital.
Derived Demand
Derived demand occurs for a factor of production when the demand for another good or service drives it, such as the demand for raw materials increasing due to higher demand for the final product.
Factor of Production
An economic resource used in the production of goods and services, including labor, capital, land, and entrepreneurship.
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