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A statement that summarizes an economy's transactions with the rest of the world for a specified time period is known as
The trade of products that belongs to same industry is known to be as
When firm's marginal revenue is equals to the firm's marginal cost, that situation is known as
The process of allocating capital in a way that reduces the exposure to any one particular asset or risk is known to be as
Economic profit is concerned with implicit cost, explicit cost as well as
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