Examlex
Why do plasma levels and renal function need to be monitored when taking lithium?
Quantity Demanded
The total amount of a good or service that consumers are willing to purchase at a given price level, at a specific point in time.
Demand
The total quantity of a good or service that consumers are willing and able to purchase at various prices during a specific time period.
Equilibrium
A state of balance in a system where supply equals demand, and there is no external force prompting change.
Consumer Surplus
The difference between the total amount consumers are willing to pay for a good or service and the total amount they actually pay.
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