Examlex
Describe the organization of the α-globin gene in humans.
Excess Demand
A market condition where the quantity demanded of a good exceeds the quantity supplied at a given price, often leading to price increases.
Supply
The total quantity of a good or service that the market can offer.
Demand
The amount of a product or service that consumers are willing and able to purchase at various prices during a specified period.
Equilibrium
A situation where the amount of goods available in the market matches what consumers want to buy, leading to stable prices and consistent availability.
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