Examlex
Sleep ________ repeat themselves about every 90 to 110 minutes.
Good
An item or service that fulfills a consumer's want or need, which can be tangible, like a car, or intangible, like a service provided by a dentist.
Total Surplus
The sum of consumer surplus and producer surplus in a market, representing the total net benefits received by all participants.
Good
A material item or service that fulfills wants or needs, often exchanged in economic transactions.
Equilibrium Price
The market price at which the quantity of a good or service demanded equals the quantity supplied.
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