Examlex
Researchers find that school failure is a stronger predictor of delinquency than variables such as economic class,race/ethnic background,or peer-group relations.
Product Price
The amount of money charged for a product or service, which can be influenced by production cost, supply and demand, and market competition.
Resource
An asset or material that can be used to produce goods or services and achieve economic goals.
Produced
Refers to goods or services that have been manufactured, created, or brought forth through a combination of resources and labor.
Purely Competitive Market
A market structure characterized by a large number of buyers and sellers, homogeneous products, and no single buyer or seller having any control over the market price.
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