Examlex
What do we call the state of a neuron when it is NOT firing a neural impulse?
Market Price
The current price at which an asset or service can be bought or sold in a specific market.
Market Output
The total amount of goods and services produced and offered for sale by all firms in a particular market.
External Cost
Costs that are not borne by the parties involved in an economic transaction but by other members of society.
Efficient Price
A price that reflects all available information and makes the best use of resources, minimizing waste and maximizing value.
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