Glossary

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in trade when the ability to produce the two goods in an efficient way differs between the two...

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law to ensure that fair competition exists between businesses to protect the consumer.

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the ability of a firm or nation to produce goods and services of an acceptable quality and at...

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goods that are used with another good; an increase in the price of one product will result in a...

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preserving or protecting plants and animals in a safe or entire state.

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