Examlex
Which group is most vulnerable to hate crimes involving sexual orientation in the United States?
Equilibrium Price
The price at which the quantity of goods supplied equals the quantity demanded, hence, the market is in balance.
Market Price
The ongoing rate at which an asset or service is being offered for buying or selling.
Shortage
An instance where the desire for a good or service outstrips its availability at a given price.
Price Floor
A government or regulatory imposed minimum price set above the equilibrium price, preventing market prices from falling below a certain level.
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