Examlex
Provide examples of questions that are illegal to ask during a job interview.
Free Entry Assumption
The free entry assumption posits that in a competitive market, new firms are free to enter the market and compete without facing significant barriers.
Perfect Information
A scenario in which all participants have access to all relevant information for decision-making.
Price Changes
Alterations in the selling price of goods or services over time due to various factors like supply and demand, inflation, or production costs.
Consumers
Consumers are individuals or groups that use goods and services generated within the economy to satisfy their personal needs and desires.
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