Examlex
Both bacteria and viruses can survive and multiply on nonliving surfaces.
Market Price
The current price at which an asset or service can be bought or sold in a given market.
Equilibrium Price
The market price where the quantity of goods supplied is equal to the quantity of goods demanded.
Equilibrium Quantity
The quantity of goods or services that is supplied and demanded at the equilibrium price, where demand equals supply.
Price Ceiling
A government-imposed limit on how high a price can be charged for a product, service, or commodity.
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