Examlex
The property of ________ is controlled by planes of few or weak bonds within the mineral structure.
Price Floor
A floor price established by the government or regulatory authority, representing the lowest legal selling price for a specific product or service.
Market Efficiency
The degree to which stock prices reflect all available, relevant information, making it impossible to consistently achieve higher returns.
Surplus
A situation where the quantity of a product or service supplied exceeds the quantity demanded at the current price.
Binding Price Floor
An enforced price limit by authorities that prevents prices from falling below a certain level, causing excess supply.
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