Examlex
Information itself has no ethics.It does not care how it is used.It does not stop itself from spamming customers,sharing itself if it is sensitive or personal,or revealing details to third parties.
Total Revenue
The complete amount of money received by a company for goods sold or services provided during a specific period.
Increasing-Cost Industry
An industry where the costs of production increase as output increases, often due to factors like resource depletion or higher input prices.
Long-Run Supply Curve
A curve showing the relationship between the price of a good and the quantity supplied over a period long enough for firms to enter or exit the market.
Perfectly Elastic
Refers to a situation in economic theory where a small change in price leads to an infinite quantity demanded or supplied.
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