Examlex
Since the implementation of the Americans with Disabilities Act of 1990, the unemployment rate of people with disabilities has drastically reduced and now closely matches that of able-bodied people.
Perfectly Elastic
A situation in which the demand or supply for a good or service is infinitely responsive to changes in price.
Pure Rent
Pure Rent refers to the income earned from the use of land or other natural resources when supply is perfectly inelastic.
Fixed Supply
A situation where the quantity of a good available is constant and does not change in response to price changes.
One-Of-A-Kind
Unique, without any identical counterpart.
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