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Production of goods and services is not planned by individuals,rather production is determined by the interaction of supply and demand forces.
Example of Market economy are USA and West european countries
by Prem Suthar July 13, 2006
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Jul 29 Word of the Day
Someone who used to be a potential girlfriend/boyfriend, but no longer is.
Tim: Zack, is that your exgirlfriend?
Zack: No, she's an expotential. We never actually dated...
by brownsuite September 24, 2011
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