Examlex
The process in which the qualities of a sensory stimulus are converted into nerve impulses is called
Price Rationing
The allocation of goods among consumers using prices, where the goods go to those willing to pay the highest price, often used when demand exceeds supply.
Able
Generally refers to having the capacity, skill, or qualifications to perform an action or task.
Pay
The compensation received by an employee from an employer in exchange for work performed, typically provided as wages or salary.
Price Ceiling
A legally enforced upper limit on the price that can be asked for a product or service, beyond which it is not permissible to go.
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