Examlex
To import a text file into MySQL, the file must be located in the default folder for the database.
Average Expenditure Curve
Supply curve representing the price per unit that a firm pays for a good.
Substitution Effect
The change in consumption resulting from a change in price, causing consumers to substitute cheaper goods for more expensive ones.
Wage
Monetary compensation paid by an employer to an employee in exchange for work performed, typically calculated on an hourly, daily, or piecework basis.
Leisure
Time spent away from work and essential domestic activities, often used for relaxation, hobbies, and personal enjoyment.
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