Examlex
Briefly define a terminal boundary condition.
Equilibrium Price
The price at which the quantity of a good demanded equals the quantity supplied.
Equilibrium Price
The market price at which the quantity of goods supplied is equal to the quantity of goods demanded.
Price Ceiling
A legal maximum price that can be charged for a good or service, beyond which it cannot be sold.
Price Ceiling
A legal maximum price that can be charged for a good or service, determined by a government.
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