Examlex
Verify that the equation is an identity.
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Sellers
Individuals or entities that offer goods or services for sale.
Willing Supplier
An entity or individual that is ready and able to provide goods or services at a certain price.
Producer Surplus
The difference between the amount producers are willing to accept for a good or service versus what they actually receive in the market.
Market Price
The ongoing value at which a commodity or service is offered for buy or sell in a trading environment.
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