Examlex
Explain the origin, travel, and shoreline actions of a tsunami.
Input Markets
The markets where firms buy resources they need to produce goods and services.
Pure Competition
A market structure characterized by a large number of small firms, identical products sold by all firms, and free entry and exit in the market.
Equivalents
Items or quantities that are equal in value, function, or meaning.
AVC
Average variable cost, which is the total variable cost divided by the quantity of output produced.
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