Examlex
Find the distance between the pair of points.
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Equilibrium Price
The price at which the quantity demanded by consumers equals the quantity supplied by producers, resulting in market balance.
Surplus
A condition where the quantity supplied of a product exceeds the quantity demanded at the market price.
Rent Control
A government policy or law that limits the amount landlords can charge for leasing a home or apartment to prevent rapid increases in housing costs.
Equilibrium Prices
The market price at which the quantity of a good or service demanded equals the quantity supplied, leading to market balance.
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