Examlex
When you need to sort data on two columns,the less important column is called the ____ sort key.
Pareto Optimal
A distribution of resources from which it is impossible to reallocate in order to make any individual better off without making at least one individual worse off.
Initial Endowment
The initial quantity of assets, goods, or resources that an agent or economy possesses at the start of a period.
Competitive Equilibrium
A state in a market where supply equals demand, and no participant has the ability to influence prices.
Demand Equals Supply
An economic condition where the quantity demanded by consumers matches the quantity supplied by producers, leading to market equilibrium.
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