Examlex
________ power can be effective, but its exercise produces resentment and can lead the intermediaries to organize countervailing power.
Equitable
Fair and impartial treatment or distribution, often in the context of socio-economic policies.
Excess Supply
When the quantity supplied of a good exceeds the quantity demanded.
Excess Demand
When the quantity demanded of a good exceeds the quantity supplied.
Utilities Possibilities Frontier
A graphical representation that shows the maximum amount of two different utilities that can be achieved with a given set of resources.
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