Examlex
Which is a cationic detergent having four organic groups attached to a nitrogen atom and used to sanitize utensils
Price Ceiling
Price Ceiling is a government-imposed limit on how high a price can be charged for a product or service, intended to protect consumers from excessive costs.
Market Equilibrium
Market equilibrium is a condition in a market where the quantity demanded equals the quantity supplied, resulting in no pressure for the price to change.
Consumer Surplus
The gap between the total sum consumers are ready and able to spend on a good or service, and the sum they actually do spend.
Market Equilibrium
The condition in which the quantity of a product supplied is equal to the quantity demanded, leading to a stable market price.
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