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Particles of sand, gravels, and shells that move along the shore form the
Quantity Effect
The change in quantity demanded or supplied of a product as a result of changes in its price.
Marginal Cost
The expense increase for generating an additional unit of a product or service.
Cartel
An association of independent businesses or countries that coordinate their actions to control the supply of a product or service, aiming to influence prices and maximize collective profit.
Marginal Cost
Marginal Cost is the cost incurred by producing one additional unit of a product.
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