Examlex
The natural unemployment rate__________
i. occurs when only there is no cyclical unemployment present.
ii. is the unemployment rate when the economy is at potential GDP.
Market Price
The current price at which an asset or service can be bought or sold in the marketplace, determined by the forces of supply and demand.
Marginal Cost
The financial implication of producing an extra unit of a product or service.
Downstream Division
A segment of a business operation that focuses on the processing, marketing, and selling of finished products to consumers as opposed to raw material processing.
Profit Centers
Segments or divisions within an organization that are directly responsible for generating profit through their operations and decision-making.
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