Examlex
For those who are trying to make moral decisions
Quantity Supplied
The total amount of a product that producers are willing and able to sell at a given price in a certain time period.
Price Rises
An increase in the cost of goods or services in the market, often due to factors like inflation, increased demand, or higher production costs.
Equilibrium Price
The price at which the quantity demanded of a good equals the quantity supplied.
Quantity Demanded
Represents the total amount of a good or service that consumers are willing and able to purchase at a given price over a specific period of time.
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