Examlex
A skydiver leaps from a helicopter hovering high above the ground. Her velocity t sec later and before deploying her parachute is given by where is measured in meters per second. What is her terminal velocity? Hint: Evaluate
Equilibrium
A state in a market where supply equals demand, and there is no tendency for the price or quantity to change.
Lemons
In economic terms, 'lemons' often refer to products of significantly lesser quality sold to consumers who have limited information about their true nature, especially used in the context of the used car market.
Potential Buyers
Individuals or organizations that are in the market to purchase goods or services but have not yet made a decision or commitment.
Rustbucket
A term used to describe a very old, deteriorating vehicle or ship, often in poor condition due to rust.
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