Examlex
The contour map and its related profile are commonly referred to as the ____.
Output
The quantity of goods or services produced within a given timeframe by a firm, industry, or country.
Economy
The large set of inter-related production, consumption, and exchange activities that aid in determining how scarce resources are allocated.
Short-run Equilibrium
A state in which supply and demand are balanced, prices are stable, and there's no tendency for change in the short term.
Aggregate Supply
The comprehensive stock of goods and services intended for sale by firms within an economy throughout a certain duration.
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