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In the above market,economists would call a government-set maximum price of $40 a:
Intelligence Test
A standardized assessment designed to measure human intelligence and cognitive abilities.
Actual Age
The exact chronological age of an individual, usually expressed in years.
Wechsler Intelligence Scale for Children
A standardized test designed to measure intelligence and cognitive ability in children between the ages of 6 and 16.
Stanford-Binet Intelligence Scales
A standardized test designed to assess intelligence and cognitive abilities, originally developed as an instrument for measuring IQ in children and adults.
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