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What two welding processes can be combined with LBW to form the Hybrid Laser Process.
Persistent Shortage
A situation where the demand for a good or service consistently exceeds its supply, over a significant period of time.
Deadweight Loss
The loss of economic efficiency when the equilibrium for a good or a service is not achieved or is not achievable.
Rent Control
A government policy or law that sets a maximum price landlords can charge for rent.
Opportunity Costs
The cost of the next best alternative foregone when making a decision.
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