Examlex
A divested product is one that the firm drops or sells.
Short-Run Aggregate Supply Curve
A curve that represents the relationship between the total production of goods and services and the price level for output in the short-run.
Price Level
A measure of the average prices of goods and services in the economy.
Economic Conditions
The state of a country or region in terms of production, employment, and prices, and how these factors influence economic activities.
Aggregate Demand
Aggregate desire for goods and services within an economy at different price points, during a certain period.
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