Examlex
An easement is a right of someone other than the owner to access the property.
Nonprice Rationing
Distribution or allocation of goods and services based on criteria other than price, often used when there is a shortage.
Excess Demand
A situation in which the quantity demanded of a good or service exceeds the quantity supplied at a given price.
Queuing
The process of forming or waiting in a line, often applied to the theory studying the behavior of lines to improve service efficiency.
Rationing Mechanism
A system or method used to distribute scarce goods or services among competing users.
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