If 
represents the library charges on b books that are w weeks overdue, explain in practical terms the meaning of 
.
Definitions:
Quantity Supplied
The total amount of a good or service that producers are willing to sell at a given price over a specific period.
Quantity Demanded
The amount of a good or service that consumers are willing and able to purchase at a given price.
Demand Schedule
A table that shows the quantity of a good or service that consumers are willing and able to purchase at different prices.
Equilibrium Price
The price at which the quantity of a good or service demanded equals the quantity supplied, resulting in market balance.
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