Examlex
In the lighthouse model
Supply And Demand
The economic model that describes how the price and quantity of goods and services are determined in a market based on the relationship between the amount available and the want for it.
Agricultural Products
Items produced through farming and agriculture, including crops, livestock, and other raw goods used for food, fabric, or industry.
Price Inelastic
A characteristic of a good or service whose demand does not significantly change when its price changes.
Agricultural Products
Goods derived from farming and the cultivation of soil, including crops and livestock.
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