Examlex
A frequency distribution organized into a table or graph that summarizes percentage values associated with particular values of a variable is called a(n)____________________.
Long Run
A period in economics during which all inputs and operations can be varied, allowing for the adjustment to changes in market conditions or demand.
Very Long Run
In microeconomics, a period of time long enough that technology can change and firms can introduce new products.
Derived Demand
The demand for a product or service that arises from the demand for another product or service it helps to produce.
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