Examlex
A subject of general concern about the future of health care is a population boom that rapidly expands the workforce.
Milk Shortage
A situation in which the supply of milk is insufficient to meet the demand in a given market or area, often leading to increased prices.
Price Ceiling
A legal maximum price set by the government for a particular good or service to prevent prices from becoming too high.
Market Economy
An economic system in which supply and demand from consumers drive the production of goods and services.
Price Floor
Price floor is a government or group-imposed limit below which prices cannot fall, typically set to ensure producers can cover their costs.
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