Examlex
Courtney is enrolled in an advanced physics class at her high school. She is one of only three girls in the class and she is aware of the notion that girls perform more poorly in math and science than boys. This knowledge may actually hinder Courtney's performance in the class as a result of:
Long Run
A period in economics where all factors of production and costs are variable, allowing for full adjustment to changes.
Consumer Demand
The desire and willingness of consumers to purchase goods and services at given prices, which can fluctuate based on a variety of factors including income and preferences.
Price Range
The spread between the highest and lowest selling price of a product or service over a certain period of time.
Demand
The quantity of a good or service that consumers are willing and able to purchase at various prices during a certain time period.
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