Examlex
What is the name of the Jewish heroine who beheaded the Babylonian general Holofernes?
Wasted Resources
Resources that are not utilized in an efficient manner, often leading to economic inefficiency or loss.
Price Floor
A government-imposed minimum price that can be charged for a good or service, designed to protect producers by ensuring that market prices do not fall below a certain level.
Surplus
The situation where the quantity of a good or service supplied exceeds the quantity demanded at the current price.
Shortage
A situation where the demand for a product exceeds its supply at a specific price.
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