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the cost of producing the total output. lt consists of the total fixed costs plus the total variable costs.
a combination of market capitalism and a centrally planned economy; in practice all countries...
the minimum reserve balance of a bank that has to be kept as reserves and may not be lent out....
the process that occurs in dry areas and turns productive farmland into non-productive desert as...
goods and services that are harmful in some way; such as cigarettes.