Examlex
List the factors of demand for loanable funds,and explain what would cause each of them to shift the demand curve rightward.
Marginal Revenue
It refers to the additional income earned from selling one more unit of a product or service.
Inelastic Portion
The segment of a demand curve where buyers are less responsive to changes in price, indicating that the quantity demanded changes little with a significant price fluctuation.
Marginal Revenue
The additional earnings obtained from the sale of one extra unit of a product or service.
Average Total Cost
The total cost of production divided by the number of units produced, representing the average cost per unit.
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