Examlex
The size of DNA is often given in the number of _____ that it contains.
Equilibrium Price
The price point at which the quantity of a good or service supplied equals the quantity demanded.
Consumer Surplus
The disparity in what consumers are willing to invest in a good or service compared to what they eventually invest.
Demand Shifts
Occur when external factors lead to a change in the amount of a product or service that consumers are willing and able to buy at a given price, resulting in the demand curve moving rightward or leftward.
New Equilibrium
The point at which market supply and demand balance each other, and, as a result, prices become stable following a disturbance.
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