Examlex
Brendan's boss asks him to respond to an RFP. Right away, Brendan knows that ________.
Laptops
Portable personal computers with a clamshell form factor, suitable for mobile use and equipped with a screen and alphanumeric keyboard.
Equilibrium Price
The price at which the quantity of goods supplied is equal to the quantity of goods demanded, often considered the market-clearing price.
Equilibrium Quantity
The quantity of goods supplied is equal to the quantity demanded at the market equilibrium price.
Normal Good
A good for which demand increases when consumer income rises, and falls when consumer income decreases, all other factors being constant.
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