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Explain the interdependence of the elements of mind.
Industry Supply Curve
A graphical representation that shows the relationship between the price of a good and the total output of that good by all firms in the industry.
Diminishing Returns
A principle stating that as one factor of production increases while others remain fixed, there will eventually be a decrease in the incremental output gained.
Normal Rate
A standard or usual level of financial return on investment or interest on loans.
Supply
The total amount of a product or service that is available to consumers at a given price over a specific period.
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