Examlex
The switch operates in place of a ____.
Industry
Denotes a specific group of companies or businesses that produce or sell similar products and services.
Consumer Sovereignty
The concept that consumers' preferences and decisions dictate the production and sale of goods and services in an economy.
Legislation
Laws and statutory requirements passed by a legislative body or the process involved in creating these laws.
Marginal Benefit
Marginal Benefit refers to the additional satisfaction or utility that a person receives from consuming an extra unit of a good or service.
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