Examlex
Find the inverse function of .
Excess Demand
An instance where the market's need for a service or product surpasses the available supply.
Equilibrium Price
The price in the market where the amount of products provided matches the amount of products wanted.
Demand
The quantity of a good or service that consumers are willing and able to purchase at various prices during a given period of time.
Supply
The overall quantity of a product or service accessible to buyers.
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