Examlex
A graph folder structure is less flexible than a hierarchical folder structure.
Subsidy
Financial assistance granted by a government or other institution to lower the cost of producing goods or services or to support consumers directly.
Price Elasticity
The measure of how much the quantity demanded of a good responds to a change in its price, with elasticity greater than one indicating a high sensitivity to price changes.
Supply Elasticity
A measure of how much the quantity supplied of a good changes in response to a change in price.
Equilibrium Price
The equilibrium price where the supply of goods meets consumer demand.
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