Examlex
What kind of product is defined by a set of intangible features?
Demand Decrease
A situation in which the quantity of a good or service sought by buyers falls due to factors such as changes in taste, income, or prices of substitutes.
Excess Demand
A situation where the quantity demanded of a product exceeds the quantity supplied at a given price.
Water
A colorless, tasteless, and odorless substance essential for most forms of life on Earth and a key resource in both household and industrial activities.
Florida
A U.S. state located in the southeastern region, known for its warm climate, beaches, and major attractions like Walt Disney World.
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