Examlex
If Greg uses a special glue to make model planes that he sells and the price of his model planes increases,then one would expect that the equilibrium price of the special glue would _______ and the equilibrium quantity would _________.
Physical Capital
Tangible assets used in the production of goods and services, such as machinery, buildings, and equipment.
Future Goods
Products or services that are not yet manufactured or provided but are planned for future sale.
Inputs
Resources such as labor, materials, and capital that are used in the production process to create goods or services.
Market Rate
The prevailing price determined by supply and demand in the open market for services or commodities.
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