Examlex
Which of the following is determined at conception and is essentially fixed forever?
Quota Limit
The total amount of a good under a quota or quantity control that can be legally transacted.
Demand Price
The price at which consumers are willing to buy a specific quantity of a good or service.
Market Price
The present cost for purchasing or selling an asset or service.
Demand Price
Demand price is the maximum price consumers are willing to pay for a product or service, influenced by factors like income, preferences, and availability of substitutes.
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