Examlex
Wavelength is a characteristic of_____ .
Wage Flexibility
The ability of wages to adjust to changes in market conditions, including the supply and demand for labor.
Price Flexibility
The ease with which prices can adjust in response to changes in supply and demand in the market.
Say's Law
A principle that asserts that supply creates its own demand, meaning production of goods will naturally lead to their consumption.
Income
Funds acquired frequently, either from performing work or via investment profits.
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