Examlex
Despite many decades of study, researchers still don't know how electrically induced convulsions relieve symptoms of major depressive disorder.
Demand Curve
An economic representation that illustrates the quantity of a good that consumers are willing and able to buy at various prices, typically downward sloping from left to right.
Productive Efficiency
A state where goods are produced at the lowest possible cost, utilizing resources effectively without waste.
Average Total Cost
The total cost of production (fixed and variable costs combined) divided by the number of units produced, showing the cost per unit of output.
Short-run Equilibrium
A state in an economy or market where supply equals demand, considering that some factors (like capital) are fixed in the short term.
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