Examlex
Name and describe a reason why gangs use graffiti. Explain how this reason exemplifies why gang graffiti is often called the "gangland's newspaper."
Long-run Equilibrium
The state in which, over time, supply and demand are balanced, and all adjustments to economic conditions have been made, resulting in stable prices and outputs.
Marginal Cost
The hike in expense for producing another unit of a product or service.
Marginal Revenue
The extra revenue a company earns by selling an additional unit of a product or service.
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