Examlex
A promissory note is a formal contract.
Demand Curve
A graphical representation of the relationship between the price of a good and the quantity demanded by consumers.
Infinity
A concept in mathematics and physics that refers to a quantity without bound or end.
Unit Elastic
A situation where a percentage change in the price of a good causes an equal percentage change in the quantity demanded or supplied.
Total Revenue
The total amount of money received by a company from sales of goods or services, before any costs or expenses are subtracted.
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