Examlex
Suppose that an E. coli has a mutation in its lac operon such that the Lac repressor could NOT bind the operator, even in the absence of lactose. What would be the result in terms of the function of the operon?
Surplus
An excess of production or supply over demand, often resulting in a decrease in prices.
Equilibrium Price
The rate at which the supply of products aligns perfectly with the demand for these goods.
Quantity Demanded
The amount of a good or service consumers are willing and able to purchase at a given price level, during a specified period.
Quantity Supplied
The volume of goods or services that manufacturers are ready and able to supply at a specific price point within a set duration.
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