Examlex
Which American playwright created works,including Ma Rainey's Black Bottom,Fences,and The Piano Lesson,that portray different aspects of African American life in each decade of the twentieth century?
Industry Supply
The total output of goods or services that firms in a specific industry are willing and able to sell at various price levels.
Decreasing-cost Industry
An industry where average costs of production decrease as the scale of output increases.
Long-run Equilibrium Price
The price at which the quantity of a good demanded equals the quantity supplied, with all adjustments made for factors affecting supply or demand over time.
Product Demand
The desire and willingness of consumers to purchase a particular product at various prices during a certain period.
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