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The total output of a group of individuals and the entire economy will increase when each good is produced at the lowest cost.

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Q: Which term applies to this definition?
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What is A definition that specifies the type of thing the term applies to and the differences between the things the term applies to and other things of the same type?

Analytical definition


A definition that points to names or describes one or more examples of something to which the defined term applies?

Definition by example


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Unless the question is asking for a 'slang' term, there is no legal word or definition that applies to such an individual.


What is the definition for the word definition?

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Which is the best definition of the term voice as it applies to verbs?

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Definition of long-Term Financing?

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Which term applies to the percentage of eligible people who vote?

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