Examlex
Which of the following statements is true of an intranet?
Rationing Function
The process by which scarce goods and services are distributed among competing users.
Price Ceiling
A legally established maximum price for a good, or service. Normally set at a price below the equilibrium price.
Legal Price
A price set by law or regulation, typically to prevent prices from being too high or too low in a market.
Equilibrium Price
The price at which the quantity of a good demanded by consumers equals the quantity supplied by producers, resulting in a stable market condition.
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