Examlex
Maintenance rather than restoration of function is specifically the domain of
Price Ceiling
A legal maximum price at which a good can be sold, often set by government to control prices.
Housing Shortage
A situation where the supply of available houses is not sufficient to meet the demand for them in a particular area.
Equilibrium Price
The market price at which the quantity of goods supplied is equal to the quantity of goods demanded, achieving market equilibrium.
Excise Tax
A tax levied on specific goods, services, or transactions, often included directly in the price of the product like gasoline, alcohol, and tobacco.
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