Examlex
Write the number 0.0005020 in scientific notation.
Demand Curve
A graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers over a certain period.
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a given price in a specified period of time.
Increase in Demand
A shift of the demand curve to the right, indicating that consumers are willing and able to purchase more of a good or service at every price.
Supply Curve
A pictorial display indicating how the price of an item affects the quantity of the item sellers are eager to sell.
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