Examlex
Most markets lie between the extremes of perfect competition and monopoly.
Market Forces
The natural factors of supply and demand that determine prices, production levels, and resource allocation in a freely competitive economy.
Resistance Price
A price level at which an asset meets pressure on its way up due to a concentration of selling interest, often used in technical analysis of financial markets.
Willingness to Pay
The maximum amount an individual or entity is prepared to spend to purchase a good or service or to avoid something undesirable.
Market Demand Curve
A graphical representation of the quantity of goods demanded at various prices by all consumers in the market.
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