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In implementing the choice,group responsibility is generally superior to individual responsibility.
Vertical Axis
The vertical axis in a graph or chart is the y-axis, representing the quantity or degree of the variable measured.
Capital Market
A financial market in which long-term debt or equity-backed securities are bought and sold, different from the short-term funds seen in the money market.
Equilibrium Quantity
The quantity of goods or services that is supplied and demanded at the equilibrium price.
Output Price
The cost at which goods or services are offered for sale in the marketplace.
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