Examlex
Stream, Sparks, and Circle are all part of _____, the multi-faceted service rolled out in summer 2011 as an integrated collection of social products.
Long Run
A period of time in which all factors of production and costs can be fully adjusted, and there are no fixed factors of production.
Short Run
A period in which at least one factor of production is fixed, and only the variable factors can be adjusted by firms to influence output.
Innovation
The process of developing new ideas, products, or methods that improve upon existing standards or create novel solutions.
Invention
The creation of a new product, process, or idea that previously did not exist.
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