Examlex
Which of the following situations is an example of stable equilibrium?
Capital Goods
Long-lasting goods that are used in the production of other goods or services, such as buildings, machinery, and equipment.
Consumer Goods
Products that are sold directly to consumers for their personal or household use, typically including items like electronics, appliances, and clothing.
Capital Goods
Long-term assets such as machinery, buildings, and equipment purchased by businesses to produce goods and services.
Production Possibility Frontier
A curve depicting all maximum output possibilities for two or more goods given a set of inputs, assuming full and efficient utilization of resources.
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