Examlex
Which of the following techniques is used sparingly because there is a slight but genuine risk of miscarriage or damage to the foetus; however, it has a 99% accuracy in diagnosing genetic problems?
Equilibrium Price
The price in the market where the amount of goods being offered matches the amount of goods people want to buy.
Increase
A situation where there is a rise in magnitude, quantity, or degree.
Quantity Demanded
A specific quantity of a good that buyers are interested in purchasing at a certain price point.
Law of Demand
The principle that, ceteris paribus, there is an inverse relationship between the price of a good and the quantity demanded.
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