Examlex
An ATM (automated teller machine) asks users to enter which of the following in order to verify that the user is the holder of the bankcard?
Quantity Demanded
The amount of a product that buyers are willing and able to purchase at a given price.
Excess Supply
The situation where the quantity of a good or service supplied exceeds the quantity demanded at the current price.
Price
is the amount of money required to purchase a good or service, serving as the exchange rate between money and the good or service.
Quantity Supplied
Quantity Supplied refers to the amount of a good or service that producers are willing and able to sell at a given price.
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