Examlex
What kind of corporate debt must be secured by real property?
Excess Demand
A scenario in which the demand for a product or service surpasses the supply available at the existing price.
Surplus
An excess of production or supply over demand.
Excess Supply
A situation where the quantity of a good or service supplied exceeds the quantity demanded at the current price, leading to downward pressure on the price.
Equilibrium Quantity
The amount of products or services that are both offered and sought after at the balance price, where the supply meets the demand exactly.
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