Examlex
The composers Stravinsky and Bartók were associated with ________ and sometimes suggested ________ in their works.
Marginal Revenue
The increase in income resulting from the sale of one extra unit of a product or service.
Average Revenue
The amount of revenue a company receives per unit of sales, calculated by dividing total revenue by the number of units sold.
Market Equilibrium
A condition in which market supply and demand balance each other, and as a result, prices become stable.
Competitive Industry
A competitive industry is one where numerous producers compete with each other to satisfy the needs and wants of consumers, characterized by free entry and exit and a high level of innovation.
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