Examlex
What is the basic difference between the short run and long run as these terms relate to
macroeconomics? Why does this difference occur?
Disintermediation
The removal of intermediaries in the supply chain, allowing producers to sell directly to consumers.
Delivery Of Products
The process of transporting goods from a seller to the purchaser’s location or making them available for collection.
Intermediaries
Entities that act as middlemen in the distribution chain between producers and consumers or between different businesses.
Air Transportation
The conveyance of people or goods from one place to another using aircraft.
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