Examlex
A committee has four voters with the system [30: 20, 17, 10, 5]. Which voters are critical in the coalition {A, C, D}?
Price Ceiling
A government-imposed limit on how high a price can be charged for a product or service, typically used to control costs for essential items like food and rent.
Equilibrium Price
The market price at which the quantity of goods supplied is equal to the quantity of goods demanded, representing a state of market balance.
Shortage
A situation where demand exceeds supply, resulting in insufficient availability of a product or service.
Permanent Shortage
A sustained situation where the demand for a good or service persistently exceeds its supply, often due to fixed or limited quantities.
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