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The equation of continuity for fluid flow can be derived from the conservation of:
Supply Curve
A graphical representation showing the relationship between the price of a good and the quantity of the good that suppliers are willing to sell.
Marginal Cost Curve
A graphical representation showing how the cost of producing one more unit varies with the quantity produced.
Pure Monopolist
An entity that is the sole provider of a particular product or service in the market, facing no direct competition.
Pure Monopoly
A market structure where a single seller controls the entire supply of a product or service, and no close substitutes exist.
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