Examlex
Alcohol is less dense than water.If alcohol is used to make a barometer on a day when atmospheric pressure is normal,the height of the alcohol column would be
Efficient Scale
The level of production at which a firm achieves the lowest long-run average cost, with all inputs utilized most effectively.
Surplus
A situation where the quantity supplied of a good or service exceeds the quantity demanded at the current price, often leading to a decrease in prices.
Balance of Trade
The difference in value between a country's imports and exports over a certain period.
Money Inflows
Money inflows refer to the incoming funds to a business, organization, or economy from various sources such as investments, sales, and loans.
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