Examlex
The inevitable discovery exception
Market Price
Represents the amount of money that a buyer is willing to pay and a seller is willing to accept for a good or service at a particular time.
Shortage
A situation where the demand for a product or service exceeds its supply in a market, often leading to rising prices.
Equilibrium Quantity
The quantity of goods or services supplied that is exactly equal to the quantity demanded at the market price.
Supply Increases
A situation where the quantity of a good or service that producers are willing and able to sell at a specific price rises.
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