Examlex
You and your roommate are watching a documentary on developing countries and your roommate notices that children in developing countries seem to be small for their ages.What would you tell him about this situation?
Inverse Relationship
A situation in which two variables move in opposite directions, meaning that as one variable increases, the other decreases, and vice versa.
Quantity Rises
An increase in the amount or number of a particular good or service that is available or produced.
Price Ceiling
A government-imposed limit on how high a price can be charged for a product, commodity, or service.
Price Floor
A government or regulatory imposed minimum price for goods or services, intended to prevent prices from falling too low.
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