Examlex
According to transactional analysis, early messages that we pick up from our parents are called
Minimum Acceptable Price
The lowest price at which a seller is willing to sell a product or service, often covering at least the cost of production.
Consumer Surplus
The discrepancy between the aggregate amount consumers are willing to expend on a good or service and the aggregate amount they really expend.
Total Revenues
The complete amount of income generated by a company through its various business activities.
Market Supply Curve
A graphical representation that shows the relationship between the price of a good and the total output that producers are willing and able to sell at that price.
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