Examlex
The cation exchange capacity of a soil is determined primarily by the amount and kind of colloids in the soil and by the pH.
Quantity
The quantity of a tangible or intangible product or service.
Inelastic Region
The inelastic region on a demand curve represents a range where a change in price has little to no effect on the quantity demanded of a good or service.
Demand Curve
A graphical representation showing how the quantity demanded of a good or service varies with its price, ceteris paribus.
Consumer Surplus
The differentiation in the total expenditure consumers are willing and have the economic means to allocate for a good or service, versus what they effectively allocate.
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