Examlex
Differentiate between exergonic and endergonic in terms of free-energy calculations.
Classical Economics
A school of thought in economics that emphasizes the importance of free markets, competition, and self-regulation of markets based on the supply and demand principle.
Inputs
Inputs refer to the resources, materials, labor, and information that are required to produce goods or services in any process or system.
Resources
Resources refer to materials, money, staff, and other assets that can be used by an organization or individual to achieve specific goals or conduct operations.
Sustained Competitive Advantage
The long-term ability of a company to remain more competitive than its rivals by maintaining unique value propositions.
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