Examlex
Which statement about lifelong learners is NOT true?
Equilibrium Quantity
The quantity of goods or services supplied is equal to the quantity demanded at the market equilibrium price.
Binding Price Floor
A legally established minimum price above the equilibrium price, causing a surplus in the market.
Hybrid Cars
Vehicles powered by a combination of an internal combustion engine and one or more electric motors, utilizing both fuel and electricity.
Consumer Surplus
The gap between what consumers are prepared to pay for a good or service and what they actually do pay.
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