Examlex
Give meanings for the following terms.
-benign: __________
Imposed Price
A price that is set by an external authority rather than being determined by market forces.
Equilibrium Price
The price at which the quantity of a good supplied is equal to the quantity demanded, resulting in market stability.
Environmental Regulation
Rules and standards created to protect the environment from harm caused by human activities.
Steel Production
The process of creating steel, which involves the smelting of iron ore to remove impurities and the addition of carbon and other elements.
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