Examlex
The concept of active listening comes from the work of counselors and therapists,who are trained to help people express themselves and talk about things that are important to them.
Quantity Demanded
The total amount of goods or services that consumers are willing and able to buy at a specific price level, at a given point in time.
Normal Good
A type of good for which demand increases as the income of consumers increases, and vice versa.
Supply Schedule
A table of numbers showing the amounts of a good or service producers are willing and able to make available for sale at each of a series of possible prices during a specified period of time.
Price-Elasticity
A measure of how the quantity demanded or supplied of a good changes in response to a change in its price.
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