Examlex
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Price
The amount of money or value exchanged for the provision or acquisition of a good or service.
Surplus Amount
The excess of quantity supplied over quantity demanded in a market, often leading to lower prices.
Inferior Good
A type of good for which demand decreases as the income of the consumer increases.
Income Increases
The rise in the amount of money received, typically on a regular basis, for work or through investments.
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