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You can see your image in a mirror because of diffuse reflection.
Factors of Production
The basic inputs used to produce goods and services, including land, labor, capital, and entrepreneurship.
Complementary Resource
A good or service that is used together with another good or service to provide a benefit or function.
Substitution Effect
The economic understanding that as prices rise or incomes decrease, consumers replace more expensive items with less costly alternatives.
Output Effect
The change in total output resulting from a specific economic policy or condition, such as an increase in demand.
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