Examlex
__________ represent(s) cues that participants pick up from the study that allow them to generate guesses regarding the researcher's hypothesis.
Long-run Equilibrium
A state in which supply and demand balance over the long term, and all factors of production and economic variables have fully adjusted.
Demand Curve
A chart depicting how the cost of an item correlates with the amount of that item buyers are prepared to purchase.
Barriers to Entry
Economic, procedural, regulatory, or technological factors that obstruct or restrict the ability of new competitors to enter a market.
Economic Profits
The surplus achieved when revenue generated from business activities exceeds both explicit and implicit costs.
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