Examlex
Biological factors provide a good explanation for why one culture differs from another.
Supply and Demand
Supply and demand are economic principles describing the relationship between the quantity of a commodity available and the quantity that consumers are willing and able to purchase.
Permit Price
The cost associated with acquiring a license or permit to engage in a certain activity or operation, often seen in environmental regulations or zoning laws.
Tradable Emissions Permits
Market-based allowances to emit a certain amount of pollution, which companies can buy or sell depending on their need to emit more or less than their allocation.
Equilibrium Price
The rate at which the demand for a good or service perfectly balances with its supply.
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