Examlex
When using a flaring tool to make a flare in a piece of tubing, match the size of the tube to the next size smaller in the tubing clamp.
Profits
The financial gain realized when the revenue generated from business activities exceeds the expenses, taxes, and costs associated with maintaining the business.
Demand
The willingness and ability of consumers to purchase goods or services at various prices at a given time.
Industry
A collection of businesses and companies that produce similar goods or offer similar services within an economic sector.
Invisible Hand
A metaphor coined by Adam Smith to describe how individuals pursuing their self-interest unwittingly contribute to the economic prosperity of society.
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