Examlex
Most individual investors who buy and sell stock do so on the secondary market through brokers or investment companies.
Economic Profit
The difference between total revenue and total costs, including both explicit and implicit costs, indicating the overall financial gain of a business.
Own Capital
Refers to the funds or resources that a business owner personally invests in their enterprise, as opposed to borrowed capital.
Fixed Factor
An input to the production process that cannot be easily increased or decreased in the short term.
Industry Entry
Refers to the process by which new competitors join an existing market, often affecting competition and market dynamics.
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