Examlex
If a firm increases all its inputs by 10 percent and its output increases by 15 percent, the firm is experiencing diseconomies of scale.
Southern States
A regional designation in the United States referring to states that are located in the southeastern and south-central parts of the country, each with its unique cultural, historical, and socio-political characteristics.
Secede
The act of formally withdrawing from an organization, alliance, or especially a political entity such as a country or union, often to express dissent or seek autonomy.
Bill of Rights
The first ten amendments to the United States Constitution, guaranteeing fundamental civil rights and liberties to American citizens.
Trial by Jury
A legal process in which a group of people (the jury) is selected to review evidence and make a decision in a court case, ensuring a fair trial.
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