Examlex
Under the Constitution, the judicial branch is responsible for foreign affairs.
Price
The fiscal valuation presumed, demanded, or paid out in purchase of a product.
Bundle
A combination of goods or services that are considered together as a single aggregate.
Consumer's Surplus
The difference between what consumers are willing to pay for a good or service and what they actually pay, representing the extra utility gained.
Demand Function
A mathematical equation that describes the relationship between the quantity of a good that consumers are willing and able to purchase and its price.
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