Examlex
The price of good A falls by 10 percent and quantity of good A demanded does not change. We conclude that the demand for good A is
Supply Fixed
A situation where the availability of a good or service is limited and cannot be easily adjusted.
Unique Product
A product that is different from anything else on the market, either because of its brand, design, or functionality, giving it a competitive advantage.
Price
The financial requirement for obtaining a service or good.
Supply Shifts
Movements of the supply curve to the left or right, indicating a change in the quantity supplied at a given price, caused by factors other than the price of the good itself.
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