Examlex
Justice under the due process model is said to resemble an "assembly line."
Sum of Its Parts
A principle indicating that the whole entity or system's value or functionality is equal to the combination of its individual components or elements.
Teamwork
The collaborative effort of a group to achieve a common goal or complete a task in the most effective and efficient way.
Short-Run Equilibrium
A state where supply and demand are balanced at a particular price level within a short time frame, especially in markets or within firms.
Long-Run Equilibrium
A state where there is no tendency for economic variables, such as prices, outputs, or employment, to change, because all agents in the economy have fully adjusted to any changes.
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