Examlex
If ________ is like losing a document in the computer because of a power loss, ________ is like pushing the "save" key and having the document disappear instead of being stored.
Long Run
A period in economics where all factors of production and costs are variable, allowing for full adjustment to changes.
Consumer Demand
The desire and willingness of consumers to purchase goods and services at given prices, which can fluctuate based on a variety of factors including income and preferences.
Price Range
The spread between the highest and lowest selling price of a product or service over a certain period of time.
Demand
The quantity of a good or service that consumers are willing and able to purchase at various prices during a certain time period.
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