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One Free Energy Monitoring Tool That Enables a Consumer to View

question 12

Essay

One free energy monitoring tool that enables a consumer to view home energy consumption from anywhere online using information provided by monitoring systems like the TED 5000, utility smart meters, or other energy monitoring devices is the ____________________.


Definitions:

Excess Demand

A situation in a market where the quantity demanded of a good or service surpasses the quantity supplied at the current price, leading to upward pressure on prices.

Market Equilibrium

The state in which market supply equals market demand, and prices have no tendency to change, assuming all other factors remain constant.

Excess Supply

A situation in which the quantity of a good or service provided exceeds the quantity demanded at a given price.

Market Equilibrium

A state where the supply of a product matches its demand, resulting in stable prices.

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