Examlex
If the price of business broadband is greater than that of residential broadband,all else equal,
Industry Supply Curve
A graph showing the relationship between the price of a good and the total output of the industry that produces it.
Equilibrium Price
The price at which the supply of a good matches its demand in the market, leading to a stable situation where everything supplied is sold.
Cockatoos
A group of colorful and intelligent birds belonging to the parrot family, often known for their crested head feathers.
Equilibrium Price
The price at which the quantity of a good demanded by consumers equals the quantity supplied by producers, resulting in market equilibrium.
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