Examlex
LSD flashbacks __________.
Economies of Scale
Economic benefits that companies gain from their size of operations, which result in a reduction in the cost per unit as the scale increases.
Horizontal Demand
A market situation where the demand for a product remains constant regardless of changes in its price.
Entrepreneurs
Individuals who, rather than working as employees, found and run small businesses, assuming all the risks and rewards of the venture.
Technological Change
Refers to the improvements and innovations in technology that enhance productivity or enable new products and services.
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