Examlex
Arranging the age of students in a class in from youngest to oldest yields ordinal data.
Excess Demand
A situation where the quantity demanded of a product exceeds the quantity supplied at a given price.
Water
A colorless, tasteless, and odorless substance essential for most forms of life on Earth and a key resource in both household and industrial activities.
Florida
A U.S. state located in the southeastern region, known for its warm climate, beaches, and major attractions like Walt Disney World.
Excess Supply
Occurs when the quantity of a good or service supplied by producers exceeds the quantity demanded by consumers at a given price.
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