Examlex
The demand price of a given quantity of doughnuts is the price at which consumers will demand that quantity.The supply price for a given quantity is the price at which doughnut producers will supply that quantity.
Total Utility
The total satisfaction or benefit received by consuming a particular amount of a good or service.
Income
Financial returns, mainly recurring, as compensation for work or investment income.
Technological Advance
The introduction of new technologies or the improvement of existing technologies, leading to better products, services, or ways of doing things.
Process Innovation
The introduction of new or significantly improved production or delivery methods, enhancing efficiency and effectiveness.
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