Examlex
One rationale provided for the existence of the glass ceiling for women is that women are viewed as having personality characteristics that are not associated with successful leaders.
Purely Competitive Firm
A company operating in a market with many sellers offering identical products, where no single seller can influence the market price.
Downward-sloping
A description of a line or curve on a graph that represents a decrease in one variable in response to an increase in another variable, commonly used to describe demand curves in economics.
Demand Curve
A visual chart demonstrating the link between an item's price and the amount consumers are willing to buy at those prices.
Purely Competitive Industry
A market structure characterized by many sellers offering identical products, where no single seller can influence the market price.
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