Examlex
The issue of racial profiling has been a controversial topic in the United States for many years,and it was particularly widespread after the events of September 11,2001.When an individual engages in profiling and assumes that one person must possess certain qualities because of their race or ethnicity,she or he is engaging in:
More Elastic
The term "More Elastic" describes a situation where the supply or demand for a good or service is more responsive to changes in price.
Monopolistically Competitive
Describes a market structure where many firms sell products that are similar but not identical, allowing for competition but also some degree of market power.
Economic Profits
Profits calculated after considering both explicit and implicit costs, representing the total opportunity costs.
Loses
Refers to the situation where expenses surpass revenues, resulting in negative financial performance.
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