Examlex
Walking through a secondary school you notice that shop class has 14 boys and 2 girls,and home economics has 15 girls and 2 boys.This could be representative of the hidden curriculum.
Price Effect
The impact that changing prices have on the demand and supply of goods and services in the market.
Elastic Supply
A situation in which the supply of a product changes significantly when its price changes.
Tax Burden
The measurement of taxes paid by individuals or businesses, often expressed as a percentage of income or GDP.
Market Participants
Individuals or entities involved in the buying, selling, or regulation of goods and services within a market.
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