Examlex
Which calling feature allows several people in various locations to converse at the same time?
Economics
The social science that studies the production, distribution, and consumption of goods and services.
Microeconomics
The branch of economics that focuses on the actions of individuals and industries, like the dynamics between buyers and sellers, and the factors that influence the choices of individuals and businesses.
Private Enterprise System
An economic system where private individuals or businesses own capital goods and operate with minimal government intervention.
Equilibrium Price
The market price at which the quantity of goods supplied equals the quantity of goods demanded, resulting in a stable market condition.
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