Examlex
If the growth rate of a population increases, the doubling time
Demand
The capacity of consumers to purchase goods or services at a range of prices within a given time interval, reflecting their willingness and financial ability.
Hybrid Automobile
A vehicle that uses two or more distinct types of power, such as an internal combustion engine plus an electric motor, to achieve better fuel efficiency and lower emissions than conventional vehicles.
Market for Gasoline
The supply and demand interaction for gasoline, determining its price in the market.
Equilibrium Price
Equilibrium price is the price at which the quantity of goods demanded by consumers matches the quantity of goods supplied by producers, resulting in a market balance where there is neither excess supply nor excess demand.
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