Examlex
In the region between the tropics of Cancer and Capricorn, seasonal variations in temperature and day length at low elevation are slight.
Surplus
An excess of income or assets over expenditure or liabilities in a given period, indicating financial health.
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.
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