Examlex
Give the meanings for the following suffixes.
--algia: __________
Output
The total amount of goods and services produced by a company, industry, or economy.
Marginal Revenue Curve
A graphical representation that shows how marginal revenue varies with changes in the quantity of output sold.
Deadweight Loss
A loss of economic efficiency that can occur when equilibrium for a good or a service is not achieved or is not achievable.
Monopoly Pricing
The pricing strategies employed by a monopoly, characterized by the ability to set prices higher due to lack of competition.
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