Examlex
In the model of monopolistic competition,if firms have ________ average cost curves,then opening trade will cause ________ firms to ________ the industry.
Clearing Time
The time it takes for a payment or transaction to be processed and the funds to be cleared and settled.
Default Risk
The possibility that a borrower will be unable to make the required payments on their debt obligations.
Marketable Securities Portfolio
A collection of liquid financial instruments and securities that can be quickly converted into cash at a value close to the market rates.
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