Examlex
Woodward's scale of technical complexity originally had 15 categories.
Taxicab Rides
The service provided by a vehicle licensed to transport passengers in return for payment, usually determined by a meter.
Economic Theory
A framework or set of principles explaining how economies function and how economic agents interact.
Quota Rent
The extra profit that producers can make when supply is artificially restricted by an import quota.
Demand Price
The highest price that consumers are willing to pay for a good or service at a given quantity.
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