Examlex
A special type of conformity to the demands of an authority is known as
Shortage
A condition where there's more market demand for a product or service than what is supplied.
Equilibrium Price
The rate at which the volume of goods available meets the volume of goods sought.
Surpluses
The amount by which supply exceeds demand, often referring to goods, services or public finances.
Shortages
A situation where the demand for a product or service exceeds the supply available at a specific price.
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