Examlex
Sculptors Ralph Helmick and Peter Schechter experimented with open volume when they created this hanging sculpture, installed in the Evanston Public Library in Illinois.
Monopoly
A market structure characterized by a single seller or producer supplying a unique product or service, with no close substitutes, giving them significant control over the market price.
Usury Law
Regulations governing the maximum interest rates that can be charged on loans, aimed at preventing lending practices deemed exploitative.
Market Rate
The prevailing price or interest rate at which goods, services, or securities are traded in a competitive marketplace.
Shortage
A situation where the demand for a product or service exceeds the supply available at a specified price.
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