Examlex
Prejudice is an opinion about an individual, group, or issue that is not based on fact and is usually negative.
Snow-Clearing Service
A service provided to remove snow from pathways, driveways, and roads, often essential in regions with heavy snowfall to ensure safety and accessibility.
Minimum Price
A minimum price is the lowest legal price that can be charged for a good or service, set by government regulations to ensure fair practices and prevent market abuses.
Long Run
A period in which all factors of production and costs are variable, and companies can adjust all inputs to the production process.
Market Price
The actual selling price of a good or service in the marketplace, determined by supply and demand.
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