Examlex
Which of the following denotes the divisions of the geologic time scale in correct order of decreasing lengths of time beginning with the longest time interval and ending with the shortest?
Equilibrium
A state in which market supply and demand balance each other, resulting in stable prices and quantities.
Positively Sloped
A line or curve on a graph that moves upward and to the right, indicating a direct relationship between two variables.
Negatively Sloped
Describes a line on a graph that moves downward from left to right, indicating an inverse relationship between two variables.
Total Surplus
The sum of consumer surplus and producer surplus, representing the total benefits to society from the trade of a good or service.
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