Examlex
The transition to bipedalism probably occurred in a context where primates spent a lot of time in the trees but ventured out periodically onto the open savannah.What advantage did bipedalism give primates that promoted this transition?
Pure Monopolist
A sole provider of a unique product or service with no close substitutes, giving them significant control over pricing.
Economies of Scale
A condition where the average costs of production fall as the output level increases, leading to a more efficient production process.
Horizontal Demand
Refers to a market situation in which the demand for a product or service is not sensitive to changes in its price, often illustrated as a horizontal line on a demand curve graph.
Reselling
The act of selling a product or service again, typically after buying it from the original seller.
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