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In the dynamic aggregated demand and aggregate supply model,if AD shifts faster than AS
Maximum Points
Refers to the highest value or peak point that can be achieved within a given set of parameters or conditions.
Total Economic Profit
The sum of accounting profit and economic profit, which measures the total earnings of a company after accounting for both explicit and implicit costs.
Profitable Level
The point at which the revenue from sales exceeds the costs involved in production or procurement.
Market Price
Market Price is the current price at which a good or service can be bought or sold in a marketplace.
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