Examlex
Nearly every professionally developed Web page will contain two sections: the ____ and the body.
Equilibrium Price
The price at which the quantity of goods supplied is equal to the quantity of goods demanded; also known as market-clearing price.
Equilibrium Quantity
At the market equilibrium price, the amount of goods or services available matches the amount that is demanded.
Inferior Good
An economic term for a good whose demand decreases as the consumer's income increases, contrasting with normal goods.
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