Examlex
Related to the Economics in Practice on p. 83: The initial price of $0 for the Shakespeare in the Park tickets is akin to the city of New York ________ the tickets.
Drug Trade
The illegal production, distribution, and sale of drugs that are subject to drug prohibition laws.
Equilibrium Price
The market price at which the supply of an item equals the demand for it, leading to a stable market condition.
Black Markets
A market that operates outside the legal system in which either illegal goods are sold or legal goods are sold at illegal prices or terms.
Black Markets
Illicit trade practices where goods or services are sold illegally, either because they are prohibited or to avoid taxation.
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