Examlex
Once a patient is sensitized to a particular drug,only a full dose of that drug will trigger an allergic reaction.
Demand
The quantity of a good or service that consumers are willing to buy at a given price over a specific period of time.
Equilibrium Price
The market price at which the quantity of goods supplied equals the quantity of goods demanded.
Elastic the Supply Curve
Describes a situation where the supply of a good or service changes significantly in response to changes in price.
Normal Good
A good for which demand increases as the income of consumers increase, holding other factors constant.
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