Examlex
The sense of smell depends on only seven types of olfactory receptors.
Blu-Ray Discs
Blu-ray discs are high-density optical discs used for storing large amounts of data, including high-definition video and audio.
Quantity Supplied
The amount of a good that producers are willing and able to sell at a given price.
Quantity Demanded
Reflects the total amount of a product that consumers are willing to buy at a given price point, during a specified time period.
Competitive Market
A market structure characterized by a large number of small firms, free entry and exit, and a homogeneous product, where no single firm can influence the market price.
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