Examlex
The hypodescent rule is a legacy of racial relations in America because it interpreted race as:
Equilibrium
Equilibrium is the state in an economy or market where supply equals demand, resulting in stable prices.
Surplus
The situation in which the quantity of a product supplied exceeds the quantity demanded at a given price; excess supply.
Equilibrium Price
The market price at which the quantity of a good supplied is equal to the quantity demanded.
Bushels Demanded
The quantity of a commodity, measured in bushels, that consumers are willing to purchase at a given price.
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