Examlex
With regard to temperament, ____ refers to the regularity and predictability of bodily functions such as eating and sleeping.
Competitive Industry
An industry with many firms competing against each other, with no single firm dominating the market.
Relevant Resources
Resources that are directly applicable and valuable in achieving a specific goal or solving a particular problem.
Decreasing-cost Industry
An industry in which costs per unit decrease as the scale of production increases.
Long-run Supply Curve
A curve that shows the relationship between the price of a good and the quantity supplied over a long period, taking into account all possible adjustments including entry and exit of firms.
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