Examlex
Based on fossil evidence,the distinct fauna of South America began evolving in isolation by the Late Cretaceous.
Input Price
The cost associated with purchasing the raw materials, labor, and other resources required to produce goods and services.
Quantity Supplied
The amount of a good that producers are willing and able to sell at a certain price over a specified period of time.
Supply
The total amount of a good or service that producers are willing and able to sell at a given price over a specific time period.
Buyers and Sellers
Participants in a market who exchange money for goods or services, where buyers provide the money and sellers provide the goods or services.
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