Examlex
Common features of a dispersed approach to corporate entrepreneurship include all the following except
Aggregate Supply
The total supply of goods and services that firms in an economy are willing and able to sell at a given price level in a specific time period.
Long Run Aggregate-Supply
In economics, it represents the total quantity of goods and services that producers in an economy are willing and able to supply at a full employment level, regardless of the price level, over a long period.
Long-Run Equilibrium
A state in which all factors of production are optimally allocated, and firms in a competitive market have no incentive to change their output level or enter/exit the industry.
Expected Price Level
The anticipated average level of prices in the economy for goods and services, often considered in the context of inflation expectations.
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