Examlex

Solved

The LifeStraw™ Is a Portable ____________________ That Eliminates Many Bacteria

question 33

Short Answer

The LifeStraw™ is a portable ____________________ that eliminates many bacteria and viruses, making water safer to drink.


Definitions:

Equilibrium Price

The market price at which the quantity of goods supplied equals the quantity of goods demanded.

Supply Curve

A graphical representation of the relationship between the price of a good and the quantity of that good that suppliers are willing and able to supply.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of the good that consumers are willing to purchase.

Price Ceiling

A cap established by the government on the maximum price that can be set for a good, service, or resource.

Related Questions