Examlex
Which type of computing device is designed to perform a specific task such as controlling a refrigerator, and has less than 64 KB of RAM?
Invisible Hand
A term coined by Adam Smith to describe the self-regulating nature of the marketplace, where individuals' pursuit of their own self-interest often leads to beneficial effects for the society as a whole.
Adam Smith
An 18th-century Scottish economist and philosopher, best known for his works "The Wealth of Nations," which is considered the foundation of modern economic theory.
Competitive Market
A market structure characterized by a large number of sellers and buyers, where no single entity can dictate prices, leading to efficient distribution of goods and services.
Martin Heidegger
A German philosopher known for his existential and phenomenological explorations, notably in his work "Being and Time."
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