Examlex
In The Bell Curve,Herrnstein and Murray argued that:
Price
The financial expectation, necessity, or contribution made as payment for something.
Beer
An alcoholic beverage made from the fermentation of cereal grains, primarily barley, with water, hops, and yeast.
Price
The total money amount anticipated, required, or offered in exchange for an item.
Budget Constraint
An economic model that represents all the combinations of goods and services that a consumer can afford, given current prices within his or her income level.
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