Examlex
Consider the language that consists of all strings of 's and 's in which the second character from the beginning is a . Find a regular expression that defines this language.
Giffen Good
A product that paradoxically experiences an increase in demand as its price increases, violating the basic law of demand, often due to the lack of close substitutes.
Inferior Good
A type of good for which demand decreases when consumer income rises, contrasting with normal goods, for which the opposite is observed.
Utility Function
A mathematical representation of how consumer preference over a set of goods and services translates into choices given constraints, like income.
Tape Recorders
Devices used for recording sound onto magnetic tape.
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