Examlex
One of the ways in which researchers have learned about lateralization is by studying what are referred to as 'split-brain' patients. These patients have had the connection between the right and left hemispheres of their brain cut. This connection is called the
Producer Surplus
The difference between what producers are willing to accept for a good or service versus what they actually receive, reflecting gains from trade.
Price Ceiling
A government-imposed limit on the maximum price that can be charged for a product or service.
Price Floor
A government-imposed minimum price charged for a commodity, intended to protect producers by ensuring prices do not fall below a certain level.
Consumer Surplus
The distinction in the total financial outlay consumers are prepared to make for a good or service and the outlay made.
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