Examlex
Sphinganine is an intermediate in the synthesis of which of the following?
(I) ceramides
(II) spingomyelins
(III) cerebrosides
(IV) prostaglandins
Marginally Optimal
Describes an economic decision where the marginal benefit from the last unit of good or service consumed or produced is equal to its marginal cost.
Equilibrium
A state in a market where demand equals supply, and the market clears at a certain price and quantity, leading to no incentive for change.
Market Fluctuation
Variations in market prices and volumes over time, influenced by various factors such as economic indicators, investor sentiment, and world events.
Gains from Trade
The benefits that individuals, companies, or nations achieve by specializing in what they can produce best and trading with others for the remainder of their needs.
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