Examlex
As a result of an increase in both supply and demand, the equilibrium price decreases while the equilibrium quantity increases.
CDs
Certificates of Deposit, a financial product offered by banks that provides an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period.
Price Increase
A rise in the cost of goods or services.
Complements
Goods, such as Pepsi and pizza, that relate in such a way that an increase in the price of one shifts the demand for the other leftward.
Milk
A nutritious liquid produced by mammals, primarily used as a food product for humans.
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