Examlex
The term which is derived from the Greek meaning dance, and that refers to involuntary, irregular spasms of limb and facial muscles is
Equilibrium Price
The price at which the quantity of a good or service demanded meets the quantity supplied, resulting in no surplus or shortage.
Surplus
An excess amount of a commodity or resource beyond what is needed or utilized.
Quantity Supplied
In economic terms, this is the amount of a good or service that producers are willing and able to sell at a given price over a specific time period.
Surplus
The amount of an asset or resource that exceeds the portion used. In economics, it refers to a situation where supply exceeds demand.
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