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Which statement is CORRECT about the Janata and Janata Dal parties?
Supply Curve
The supply curve graphically represents the relationship between the price of a good and the quantity supplied by producers over a specific time period.
Market
A system or place where parties engage in exchange of goods, services, or information, characterized by supply and demand.
Positive Externality
A benefit that is enjoyed by a third-party as a result of an economic transaction in which they had no direct involvement.
New Technologies
Innovations or advancements in technology that can lead to improved processes, products, or capabilities, often contributing to economic growth and efficiency.
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