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Which of the Following Terms Is NOT Spelled Correctly

question 82

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Which of the following terms is NOT spelled correctly?


Definitions:

Shortage

An instance in the marketplace where the need for a product or service outstrips its provision.

Equilibrium Price

The cost at which the supply and demand for goods are equal.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price in a specified period.

Quantity Supplied

The quantity of a service or good that is available for sale by producers who are ready and able to sell at a particular price, over an agreed period.

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