Internal knowledge spillover occurs if there is a positive impact of knowledge between individuals within an organization that produces goods and/or services.
The supply and demand model is a partial equilibrium model where the clearance on the market of some specific goods is obtained independently from prices and quantities in other markets.
An article in the town newspaper from a citizen lamented the lack of fire-fighting facilities and deplored the pilfering of goods slaved from the fire.
Rather than relying on disposable consumer goods to prop up our economy and maintain employment, we need a new economic sector -- natural capital maintenance.
