Examlex
About half of all cases of intellectual disability are related to known physical disorders and are referred to as
Competitive Industry Y
An industry where a large number of firms compete against each other to sell their goods or services, making no single firm able to control the market price.
Substantial Losses
Significant financial deficits encountered by a business, usually indicating a much greater extent of economic damage beyond normal losses.
Output Contract
An agreement between a producer and a buyer to sell and purchase a specific amount of output at a specified price.
Specialization
The process of focusing efforts on a specific activity, product, or service to gain efficiency or quality improvements.
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