Examlex
Which of the following is not a fundamental characteristic of life?
Price Floor
A government or group-imposed limit that prevents prices of goods or services from falling below a certain level.
Equilibrium Price
The price in the market where the amount of products offered matches the amount of products people want to buy.
Quantity Supplied
The amount of a good or service that producers are willing and able to sell at a particular price over a specified period.
Rent Controls
Government-imposed limits on the amount landlords can charge for leasing a home or apartment.
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