Examlex
During the era of Mao Zedong, the government encouraged "art for art's sake" rather than "socialist realism."
Supply Curve
A graphical representation of the relationship between the price of a good and the quantity of that good that suppliers are willing to produce and sell.
Quantity Supplied
The amount of a good or service that producers are willing and able to sell at a specific price over a given period of time.
Price of a Good
The amount of money required to purchase a specified quantity of a product or service.
Normal Goods
Goods for which demand increases as the income of the consumer increases.
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