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Abnormalities that are thought to have both biological and psychological causes are diagnosed as:
Resource Costs
The total expenses incurred in the production and acquisition of resources, including raw materials, labor, and capital.
Ceiling Price
The maximum price set by a government or regulatory body for essential goods, above which they cannot be sold to prevent exploitation.
Competitive Market
A market structure characterized by many buyers and sellers, freedom of entry and exit, and products that are similar, leading to competition.
Surpluses
Situations in which the quantity of a good or service supplied exceeds the quantity demanded at a specific price, often resulting in excess stock.
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