Examlex
After you put your report on a Web page, you should periodically open the report and ____ it again as a Web page to keep the Web version up-to-date.
Command System
A method of organizing an economy in which property resources are publicly owned and government uses central economic planning to direct and coordinate economic activities; socialism; communism. Compare with market system.
Central Planning
An economic system where the government or a central authority makes all decisions about the production and allocation of goods and services.
Economic Profits
The surplus generated when total revenues exceed the total costs (including both explicit and implicit costs) of production, reflecting a return beyond the normal profit level.
Total Costs
The combined total of expenses related to the generation of goods or services, integrating both unchanging and adjustable costs.
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