Examlex
Certain bacterial mutant lacks the kinase catalyzing the reaction ATP + GDP <==> ADP + GTP but otherwise possesses enzymes similar to those in mammals. This mutant could still produce GTP from GDP by utilizing the enzyme
Equilibrium Price
The price at which the quantity of a good demanded equals the quantity supplied, leading to market balance.
Equilibrium Quantity
The amount of goods or services that is supplied and demanded at the equilibrium price.
Price Floor
A minimum price set by the government for certain goods and services, which cannot legally be lowered.
Temporary Surplus
A short-term situation where the supply of a product or service exceeds its demand, often leading to price reductions.
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