Examlex
When the ceteris paribus assumption is violated in economics, the effect is shown by
Efficiency Loss
The loss of economic efficiency that occurs when the equilibrium outcome is not achievable or not achieved in a market.
Health Insurance
A type of insurance coverage that pays for medical and surgical expenses incurred by the insured as a result of illness or injury.
Marginal Benefit
The extra pleasure or benefit derived from acquiring or making an additional unit of a product or service.
Muscle Contraction
The activation of tension-generating sites within muscle fibers, leading to shortening or elongation that enables movement.
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