Examlex
This is a weakness of a functional structure.
Equilibrium Rental Price
The price at which the quantity of rental properties supplied equals the quantity demanded.
Quota Rent
The earnings exceeding the normal anticipated returns due to import or export quotas.
Deadweight Loss
A decrease in economic effectiveness occurring when a good or service doesn't reach its free market equilibrium.
Minimum Wage
The lowest legal hourly rate of pay that employers can compensate workers, established to protect employees from exploitation.
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