Examlex
Explain how a market for pollutant emission allowances can induce firms to reduce the amount of emissions.
Excess Supply
A situation where the quantity of a good or service supplied exceeds the quantity demanded at the current price, often leading to a decrease in prices.
Blu-Ray Disc Rentals
The service of lending Blu-Ray discs, which contain high-definition movies or other content, to customers for a temporary period.
Rental Price
The cost paid to rent a property or equipment for a specified period of time.
Market Equilibrium
A market scenario in which the equilibrium between demand and supply results in stable prices.
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