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If a firm has an incentive to increase supply now and decrease supply in the future, the firm expects that the
Optimal Level
The most favorable point, degree, or amount of something for a particular situation or condition, resulting in the best possible outcome.
Suprachiasmatic Nucleus
A region in the brain, located in the hypothalamus, responsible for controlling circadian rhythms.
Biological Clock
An internal mechanism that regulates physiological processes on a roughly 24-hour cycle, influencing sleep, behavior, and metabolism.
Cataplexy
A sudden, brief loss of voluntary muscle tone triggered by strong emotions, often associated with narcolepsy.
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