Examlex
The forward breakover voltage for an SCR
Average Expenditure
The average amount of money spent by consumers or firms on a particular good or service.
Monopsony
A market condition where there is only one buyer for many sellers, giving the buyer significant power over prices.
Input Demand
Refers to the demand for production inputs (like labor and raw materials), driven by the demand for the outputs those inputs produce.
Competitive Price
A pricing strategy where the price is set based on what competitors are charging for similar products or services.
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