Examlex
Give two parametric representations for the equation of the parabola.
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Demand
The quantity of a product or service that consumers are willing and able to purchase at various prices during a given period.
Bid-ask Spread
The gap between the maximum price a buyer is ready to offer (bid) and the minimum price a seller agrees to sell (ask) for an asset.
Market Maker
A firm or individual that actively quotes both a buy and sell price in a financial market, providing liquidity and facilitating trading.
Total Profit
The overall financial gain made by a business after subtracting all costs from the total revenue.
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