Examlex
The _____ version of utilitarianism would by sympathetic with government regulation of business on the grounds that such regulation will ensure that business activities do contribute to the overall good.
Equilibrium
A state in which demand and supply are balanced, often leading to a stable market condition.
Intersect
The point at which two or more lines, paths, or items meet or cross each other.
Equilibrium Price
The price at which the quantity of a product offered is equal to the quantity of the product demanded, resulting in market stability.
Quantity Demanded
The cumulative quantity of a product or service that buyers are ready and capable of buying at a certain price during a defined timeframe.
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