Examlex
Katia doesn't seem to pay much attention to the context of communication. She has difficulty sizing up people, and she can't identify episodes very easily. Which kind of competence is being addressed here?
Rent Ceiling
A government-imposed limit on how high rents can go, aimed at keeping housing affordable.
Economic Profit
The difference between a firm's total revenues and its total costs, including both explicit and implicit costs, representing the additional value created by the firm beyond that required to compensate its resource suppliers.
Shortage
A condition where the demand for a product exceeds its supply in the market.
Ceiling Price
Ceiling price is a legally imposed maximum price on goods or services, above which transactions cannot legally occur, often implemented to prevent price gouging during shortages.
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