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Evaluate the foreign policy powers of the president and Congress, and craft an argument about who you believe to be the true holder of foreign policy power in the U.S. government.
Marginal Revenue
The additional earnings gained by selling an extra unit of a good or service.
Marginal Cost
Expenses incurred in creating one more unit of a product.
Perfect Competition
A market structure characterized by a large number of buyers and sellers, identical products, and no barriers to entry or exit.
Perfect Competition
A market structure characterized by an infinite number of small firms, identical products, no barriers to entry or exit, and perfect information, leading to price takers.
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