Examlex
Disciplinary action without punishment is most effective when all rules are explicitly stated in writing.
Market Economy
An economic system where decisions regarding investment, production, and distribution are based on supply and demand, and prices of goods and services are determined in a free price system.
Surplus Goods
Items in excess of what is needed, often resulting in stockpiles or discounted sales.
Transportation Costs
are expenses involved in moving goods or people from one location to another, including fuel, labor, and maintenance of vehicles.
Free Market Economy
An economic system based on supply and demand with minimal government intervention.
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