Examlex
Hugging a child and giving praise/complements are examples of
Shortage
A situation where the demand for a product exceeds the supply available at a specific price.
Quantity Demanded
The overall volume of a product or service that consumers are ready and capable of buying at a certain price.
Quantity Supplied
The overall quantity of a product or service that suppliers are prepared to offer for sale at a certain price during a defined time frame.
Demand Increase
A rise in the quantity of a product or service that consumers are willing and able to purchase at a given price over a certain period of time.
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