Examlex
A multi-tasker can be mindful when listening to a speaker and check text messages at the same time.
Competitive Conditions
The characteristics of a market environment that influence the level of competition between businesses, including the number of competitors, product differentiation, and barriers to entry.
Inefficiency
A situation in which resources are not used in the most productive way, leading to wasted inputs or suboptimal output.
Output
The total amount of goods or services produced by a firm or economy.
Taxed Away
Refers to the reduction in income or resources that occurs as a result of taxation.
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