Examlex
Food security is access at all times to a sufficient supply of safe,nutritious foods.
Product Diversity
The variety of different items within a particular category available to consumers in the market.
Monopolistic Competition
A market structure characterized by many firms offering products that are similar but not identical, allowing for slight differentiation among them.
Long-Run Equilibrium
A state in which all factors of production and costs are variable, and economic agents have fully adjusted to any economic changes.
Perfect Competition
A market structure characterized by a large number of buyers and sellers, freely entering or exiting the market, selling identical products.
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