Examlex
The value of the expression Integer.parseInt("+782") is "782".
Perfect Complements
Goods that are always used together in fixed proportions, where an increase in demand for one leads to a corresponding increase in demand for the other.
Initial Endowment
The initial allocation of resources, goods, or wealth that individuals or firms possess before engaging in exchanges or production.
Pareto Efficient Allocations
refers to an economic situation where no individual can be made better off without making someone else worse off.
First Theorem of Welfare Economics
A principle stating that, under perfect competition and with no externalities, the allocation of resources where supply equals demand leads to a Pareto efficient outcome.
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