Examlex
A negative relationship between the quantity demanded and price is called the law of ______.
Buyers
Entities or individuals who purchase goods or services for personal use, consumption, or investment.
Producer Surplus
The difference between the amount sellers are willing to accept for a good or service and the actual amount they receive in the market.
Producing
The act of creating, manufacturing, or generating goods and services that can be offered in a market.
Sells
Engages in the act of offering goods or services in exchange for money or other compensation; a rephrased definition of 'Sellers.'
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