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What are the two main sources of transnationalism?
Average Cost
The total cost of production divided by the quantity produced, measuring the cost on a per-unit basis.
Surplus
When the quantity supplied of a commodity surpasses the quantity demanded, often resulting in a decrease in price to balance the disparity.
Monopolist
An individual or entity that has exclusive control over the production and selling of a particular good or service.
Deadweight Loss
The decrease in economic effectiveness due to the inability to achieve or the unachievable status of market equilibrium for a specific good or service.
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