Examlex
Which of the following statements about John Sutter is FALSE?
Equilibrium Price
The price at which the quantity of goods supplied is equal to the quantity of goods demanded; also known as the market-clearing price.
Electric Autos
Vehicles powered by electric motors using energy typically stored in rechargeable batteries, offering an alternative to conventional internal combustion engine automobiles.
Learning by Doing
A theory suggesting that productivity can increase over time as individuals or organizations gain experience and efficiency in a process through repetition.
Demand Curve
A graph showing the relationship between the price of a good and the quantity demanded by consumers, usually downward-sloping to indicate that demand decreases as price increases.
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