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When a boxer is moving away from a punch, the force experienced is reduced because
Decreasing-cost Industry
An industry that experiences lower production costs as the industry output expands, often due to economies of scale.
Relevant Inputs
Factors or resources that directly impact the production process or decision-making in a specific context.
Decreasing-cost Industry
An industry where the cost per unit of output decreases as the scale of production increases.
Long-run Equilibrium Price
The price level at which the quantity supplied equals the quantity demanded, achieved over a period where all inputs can be varied by producers.
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