Examlex
_____ illustrates an inverse relationship between price and quantity.
Auto Repair
Maintenance and repair services for vehicles, often performed by mechanics in garages or workshops.
Discriminatory Wage Gap
The difference in wages earned by workers not based on skills or job type but on arbitrary factors like race, gender, or ethnicity.
Profit Motive
The incentive that drives individuals and businesses to improve their material well-being by seeking financial gains.
Discrimination Effect
The impact on consumer choice and market outcomes when products are differentiated, often based on perceived quality or branding, leading to variations in pricing.
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