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The long-run supply curve for a decreasing-cost industry is downsloping.
Paramount Chief
A supreme leader among a group of chiefs in certain traditional societies, often with political and spiritual authority over a larger area.
Closeness
Generally refers to the quality or state of being close or near in space, time, or relationship.
Class Ranking
A system of organizing or categorizing people based on social or economic status, often influencing access to resources and opportunities.
Political Organization
The way in which a society creates and maintains public authority, and the structure and function of its governing institutions.
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