Examlex
Blacks who fought under George Washington did so in segregated units.
Market Price
The price at which goods are bought and sold in a competitive marketplace, constantly influenced by supply and demand.
Economic Profits
The difference between a firm's total revenues and its total costs, including both explicit costs and opportunity costs, indicating the firm's financial performance beyond breaking even.
Market Price
The current price at which a good or service can be bought or sold in a marketplace, determined by the forces of supply and demand.
Economic Profits
Profits calculated by subtracting both explicit (direct payments) and implicit (opportunity) costs from total revenues.
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