Examlex
If the cross elasticity of demand between two goods is -0.56, then a fall in the price of one good leads to a ________ shift of the ________ curve of the other good.
Peer-to-Peer Services
A decentralized model where two individuals interact directly with each other, without intermediary third-parties, often facilitated by digital platforms.
Moore's Law
The observation that the number of transistors on integrated circuits doubles approximately every two years, leading to exponential increases in computing power.
High-Level Miniaturization
The process of making devices or components smaller and more efficient while maintaining or enhancing their functionality.
Peer-to-Peer Lender
A financial arrangement where individuals lend and borrow money directly from each other, bypassing traditional financial institutions.
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