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How old are fossils that indicate the first life forms on Earth?
Demand Curve
A visual representation that maps out the correlation between the price level of a good and how much of it consumers are willing to purchase.
Collusion
A secret or illegal cooperation or conspiracy, especially between businesses to limit competition and raise prices.
Marginal Cost
The financial outlay involved in producing a supplementary unit of a good or service.
Crude Oil
A naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials, used as a primary energy source.
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