Examlex
What did the Chinese document The Yellow Emperor's Inner Classic discuss for the first time?
Equilibrium Price
The price at which the quantity of a good demanded equals the quantity of that good supplied, leading to market equilibrium.
Equilibrium Quantity
The quantity of goods or services that are supplied and demanded at the equilibrium price.
World Price
Goods or services' market rates internationally, steered by the universal dynamics of supply and demand.
Domestic Consumers
Individuals or entities within a country that purchase goods and services.
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