Examlex
Compare and contrast data rate i.e., bits per second) and symbol rate also called baud rate) by giving two concrete, different examples.
Long Run
In economics, a period in which all inputs, including capital, can be fully adjusted, allowing firms to change their scale of operation.
Economic Profit
An economic profit occurs when the revenue generated from a business activity exceeds both the explicit and implicit costs associated with that activity.
Monopolistically Competitive
In a monopolistically competitive market, many firms sell products that are similar but not identical, allowing for competition based on quality, price, and branding.
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