Examlex
Solve the problem.
-The sum of the digits of a 3-digit number is 18. The units digit is one less than the tens digit and the tens digit is one less than the hundreds. What is the number?
Price
The amount of money required to purchase a good or service, determined by factors such as demand, supply, and production costs.
Producer Surplus
The difference between the amount that producers are willing and able to supply a good for and the amount they actually receive (selling price).
Equilibrium
A state in which market supply and demand are balanced, and as a result, prices become stable.
Market
A place or system where buyers and sellers interact to trade goods, services, or resources.
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