Examlex
Water transportation is by far the most expensive mode of transportation,but it is also the most reliable.
Equilibrium Quantity
The quantity of goods or services that is supplied and demanded at the equilibrium price, where demand equals supply.
Decrease in Price
A reduction in the cost at which goods or services are sold, often leading to increased demand.
Increase in Quantity
A rise in the amount of goods or services produced or supplied.
Market Equilibrium
The state in which market supply and demand balance each other, leading to stable prices.
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