Examlex
Use ZERO (or ROOT) to approximate the positive x-intercepts of the equation. Round to two decimal places.
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Industry Supply
The total output of a particular good or service that all producers in the market are willing and able to sell at a given price level, over a specific time period.
Short-Run Market Supply
The total quantity of a good or service that producers are willing and able to sell at various prices over a short period, where some production factors are fixed.
Market Price
The price of a commodity when sold in a competitive marketplace, determined by supply and demand.
Market Demand
The total demand for a product or service aggregated across all individuals in the market at various price levels.
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