Examlex
One danger of a nuclear power plant is that a chain reaction could produce a bomb.
Market Price
The current exchange rate for an asset or service on the market.
Total Revenue
The total amount of money a firm receives from sales of its products or services.
Perfectly Competitive
A market structure characterized by a large number of small firms, homogeneous products, free entry and exit, and perfect information, leading to an efficient allocation of resources.
Market Price
The ongoing price for acquiring or disposing of goods or services in a market setting.
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