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Minimum-wage laws
Technology
The application of scientific knowledge for practical purposes, especially in industry.
Supply Curve
A graphical representation showing the relationship between the price of a good and the amount of it that sellers are willing to supply.
Quantity Demanded
The complete sum of a particular good or service that customers are prepared and able to buy at a given price level.
Quantity Supplied
The level of supply for a good or service that vendors are able and willing to make available at a particular price over a particular duration.
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