Examlex
The selection of some incoming information for further processing is called ________.
Ration
The controlled distribution of scarce resources, goods, or services, often during shortages or in wartime.
Surplus
The situation in which the quantity supplied of a product exceeds the quantity demanded at a given price.
Excess Demand
A situation where the quantity demanded of a product exceeds the quantity supplied at a given price, often leading to price increases.
Rationing Mechanism
A system or method used to allocate scarce goods, services, or resources among people with competing demands.
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