Examlex
Give two examples of the masculine characterization of world politics.
Long Run
A period in which all factors of production and costs are variable, allowing full adjustment to changes.
Demand Equals
A state in a market where the quantity of a good or service desired by buyers is equal to the quantity supplied by sellers, resulting in market equilibrium.
Marginal Cost
The added expenditure resulting from creating an additional product or service unit.
Long Run
A period of time in which all factors of production and costs are variable, allowing all inputs to be adjusted.
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