Examlex
Games should be used only when the trainer is most concerned about entertaining trainees.
Quantity Demanded
The aggregate quantity of a product or service that buyers are ready and capable of buying at a certain price during a defined time frame.
Demand
The willingness and financial capacity of individuals to buy goods and services at certain price levels.
Equilibrium Price
The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, resulting in a stable market condition.
Equilibrium Quantity
The quantity of goods or services that is supplied and demanded at the equilibrium price in a market.
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