Examlex
Solve the problem.
-One half of a number is 3 more than one-sixth the same number. What is the number?
Price Change
A variation in the cost of goods and services in a market, influenced by factors such as supply and demand, inflation, or governmental policy.
Charitable Giving
The act of giving money, goods, or time to the unfortunate, either directly or by means of a charitable trust or other worthy cause.
Income Effect
The change in consumption resulting from a change in real income, which can stem from increases or decreases in wages, or from price changes affecting the purchasing power of income.
Substitution Effect
The change in consumption resulting from a change in the price of a product, leading consumers to substitute that product with another.
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