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What do the curved ridges shown on this diagram record?
Minimum Price
The lowest possible selling price, set by agreement or regulation, below which a product cannot legally be sold.
Heart Rate Monitor
An electronic device used to track the heart rate, often used during exercise to monitor intensity or for medical monitoring purposes.
Marginal Change
A small adjustment to an existing set of conditions or a system, measuring the effect of a one-unit increase or decrease in some variable.
Centrally-Planned Economy
An economic system where all major decisions regarding production, distribution, and consumption are made by the government.
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