Examlex
The definition "An object is 'spherical' if and only if it rolls freely in any direction when placed on a flat surface" is an example of:
Suburban Community
A residential area located on the outskirts of a city, typically characterized by lower population density than the urban core but more densely populated than rural areas.
Holiday Inn
A global hotel chain offering mid-priced lodging, but not a specific economic term.
Downward-Sloping Demand
A representation of the inverse relationship between price and quantity demanded, depicted as a descending line on a graph.
Monopolistic Competition
A market structure where many firms sell products that are similar but not identical, allowing for some market power and differentiated competition.
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