Examlex
How many ways are there to test to see if two String variables, a and b, are equal to each other if we ignore their case (for instance, "aBCd" would be considered equal to "ABcd")?
Deadweight Loss
A loss in economic efficiency that occurs when the equilibrium outcome is not achievable or is not achieved.
Elastic
A characteristic of a good or service that indicates its sensitivity to changes in price, with relatively large changes in quantity demanded or supplied in response to price changes.
Inelastic
Inelastic describes a situation where the demand or supply for a good or service is not significantly changed by variations in price.
Consumer Surplus
The difference between the maximum price a consumer is willing to pay for a good or service and the actual price they do pay.
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