Examlex
The portion of the total air pressure that is made up of water vapour molecules is termed specific humidity.
Deadweight Loss
A loss of economic efficiency that can occur when equilibrium is not achievable or not achieved in a market.
Subsidy
A financial contribution granted by the government or a public body to support businesses or consumers, making goods or services more affordable.
Manure
Organic matter, mainly derived from animal feces, used as fertilizer in agriculture.
Price Elasticity
A measure of the responsiveness of the quantity demanded or supplied of a good or service to a change in its price.
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