Examlex
Most ____ have a mixture of psychological and medical training and work in hospitals and clinics.
Utility
In economics, utility refers to the satisfaction or pleasure derived by consumers from consuming goods or services.
Efficient
An attribute of a market or process where resources are allocated in the most effective way, yielding the maximum benefit for a given set of resources.
Competitive Equilibrium
Competitive Equilibrium is a state where supply equals demand, market resources are efficiently allocated, and no participant in the market can influence the price of goods or services.
Price Adjustment
The process by which prices of goods and services are altered to respond to changes in the market conditions.
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