Examlex
True or false?
-If 28% of the students in Mr. Harris's class speak Spanish and 7% speak French, then 35% must
speak either Spanish or French
Price Floors
Price Floors are legally established minimum prices for goods or services, below which they cannot be sold, usually set to protect producers.
Equilibrium
The state in a market where the quantity supplied equals the quantity demanded, and there is no incentive for price to change.
Tariff
A tax on imports.
CD-Rom Drives
Devices used to read information stored on CD-ROMs, often used for the distribution of software and media content.
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