Examlex
The ________ theory says people are "pulled" by external stimuli to act in a certain way.
Price Exceeds Marginal Cost
A situation where the price of a good is higher than the marginal cost of producing it, often indicating imperfect competition.
Excess Capacity
The situation where a firm is producing at a lower scale of output than it has been designed to handle, resulting in unused productive capacity.
Source Of Inefficiency
Factors or situations that prevent an economy or system from achieving optimal allocation and utilization of resources, leading to wasted potential.
Product Diversity
The variety of different items that a company produces or that is available in a market.
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