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A client with multiple sclerosis:
Price Floor
A government-imposed minimum price below which a certain good cannot be sold.
Price Ceiling
A government-imposed limit on how high a price can be charged for a product, service, or commodity, often aimed at protecting consumers.
Shortage
A situation where the demand for a product or service exceeds the supply available at a given price.
Equilibrium Price
The price at which the quantity of a product offered is equal to the quantity of the product in demand.
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