Examlex
Change blindness is distinguished from inattentional blindness in that,in order to demonstrate change blindness,participants must first focus their attention on some object or task.
Legal Price
A price that is established by law or regulation, rather than determined by the market.
Total Surplus
The sum of consumer surplus and producer surplus, reflecting the total net benefit to society from the production and consumption of goods or services.
Quantity Demanded
The specific amount of a good or service that consumers are willing and able to purchase at a given price, during a particular period.
Quantity Supplied
The amount of a good or service that producers are willing and able to offer for sale at a particular price.
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