Examlex
Sociologists have provided evidence that the New Malthusians' projections of world growth trends are more likely to be correct than the projections made by Anti- Malthusians.
Shortage
A shortage occurs when the demand for a product exceeds its supply at a particular price, leading to a scarcity of the product.
Price Floor
A government-imposed limit below which prices cannot fall, often used in agricultural markets.
Equilibrium Price
The price at which the quantity of goods demanded equals the quantity of goods supplied, leading to market stability.
Ineffective
Not producing the intended or desired effect.
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