Examlex
Which structure is a ridge that is caused by a projection of the cartilaginous portion of the Eustachian tube?
Price Floor
A government or regulatory-imposed minimum price set for a particular good or service, below which it cannot be sold, often to protect producers or encourage production.
Surplus
The situation in which the quantity of a good or service supplied exceeds the quantity demanded at the existing price.
Price Ceiling
A price ceiling is a legal maximum price set by the government for certain goods or services to prevent prices from becoming prohibitively high.
Price Floor
A government-imposed minimum price charged on a product, below which that particular product cannot be supplied to the market.
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