Examlex
Contrast the Contractualists' state of nature and the consequences of each vision.
Creative Entrepreneur
An individual who innovates and creates new products, services, or business models, often in the arts, media, or technology sectors.
Profitably Exploit
Involves leveraging resources or opportunities in a way that maximizes profit.
Buyer Surplus
The difference between what consumers are willing to pay for a good or service versus what they actually pay.
Seller Surplus
The difference between the actual selling price of a good and the seller's minimum acceptable price.
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