Examlex
One major function of the kidneys is water conservation.What portion of the nephrons is responsible for that function when water is lacking in the diet?
Trade
The exchange of goods, services, or both between two or more parties, either within a country or internationally.
Resource Scarcity
A situation where resources are limited in availability and cannot satisfy all uses and desires.
Opportunity Costs
The potential benefits an individual, investor, or business misses out on when choosing one alternative over another.
Equilibrium
A state in a market where supply equals demand, meaning that there is no tendency for the market price to change unless external factors alter supply or demand.
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