Examlex
The granting of discretion tends to bind the hands of law enforcement, compelling them to follow strict procedures.
Sellers Receive
The amount or proceeds that sellers get from selling goods or services in the market.
Producer Surplus
The extra benefit or profit that producers make when they sell a product for more than the minimum price they were willing to accept.
Phantom Tickets
Tickets for an event that are sold but are either nonexistent or vastly oversold, often associated with fraudulent or speculative selling practices.
Minimum Price
The lowest legal price at which a good or service can be sold, often set to ensure producers can cover their costs.
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