Examlex
Find the area of the parallelogram.
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Price Ceiling
A legally imposed limit on how high a price for a good, service, or commodity can be charged.
Market Supply Curve
A graphical representation that shows the relationship between the price of a good and the total output of the good all suppliers are willing and able to produce, holding other factors constant.
Supply Reduction
Actions or policies designed to decrease the amount of goods or services available in the market.
Minimum Wage Laws
Regulations established by governments that set the lowest hourly wage rate that employers can legally pay their workers.
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