Examlex
When collecting MICRO secondary data information, this usually involves gathering:
Market Equilibrium
A condition in which market supply equals market demand, and the price of the good or service stabilizes.
Quantity Demanded
The specific amount of a product that consumers are willing to buy at a given price, holding all other factors constant.
Price Ceiling
A government-imposed limit on how high a price can be charged for a good or service.
Legal Price
The price of a good or service as determined by law, regulation, or government intervention.
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