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In experimental research, it is a requirement that the treatments in factorial designs have the same number of levels.
Market Violence
Acts of physical force or coercion that disrupt or seek to disrupt market operations, often associated with strikes, protests, or competitive strife.
Price Ceiling
A cap set by authorities on the maximum price that can be charged for a good or service, aimed at safeguarding the interests of consumers.
Equilibrium Price
The rate at which the demand for a good or service is equal to the supply, achieving a state of market equilibrium.
Market Imbalances
Situations where the quantity of a good or service supplied does not equal the quantity demanded, leading to surplus or shortage.
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