Examlex
__________________ means "in the presence of oxygen."
Equilibrium
A situation where the supply and demand in the market are equal, leading to stable prices.
Margarine
A spread used as a substitute for butter, made from vegetable oils or animal fats.
Producer Surplus
The difference between what producers are willing to sell a good for and the price they actually receive.
Price
The amount of money exchanged for a product or service, reflecting its value in a particular market.
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