Examlex
_____ describes the relationship between traits that are perpendicular to one another in a circumplex.
Equilibrium Quantity
The amount of products or services available that matches the amount sought after at the price where supply meets demand.
Socially Optimal
A condition in which resources are allocated in the most efficient way from the perspective of society as a whole.
Positive Externality
A beneficial effect experienced by a third-party or the society at large, as a result of an economic activity, that isn't reflected in the cost.
Garden
A planned space, usually outdoors, set aside for the display, cultivation, and enjoyment of plants and other forms of nature.
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