Examlex
is unlawful pressure brought upon a person causing them to perform an act they would not otherwise have performed.
Equilibrium Price
The price at which the quantity of a product offered is equal to the quantity of the product in demand.
Government Imposes
Refers to regulations, taxes, or policies that a government enforces or puts into effect in order to manage the country's affairs.
Floor
The minimum price or wage level that is legally or otherwise formally set, below which the actual price or wage cannot fall.
Equilibrium Price
The selling rate at which the number of products on offer is the same as the number of products wanted.
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