Examlex
When you tell a computer what to do, you are providing input.
Technological Change
Adjustments or improvements in the method of production, invention, and innovation in processes that often lead to increased productivity.
Microwave Ovens
Appliances that use microwave radiation to cook or heat food, offering a quick and convenient method of food preparation.
General Equilibrium
A condition in an economy where supply and demand are in balance across all markets simultaneously.
Consumer Preferences
The subjective tastes and desires that dictate the choices made by consumers regarding goods and services they wish to purchase.
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