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Equilibrium Quantity
The amount of products or services available that matches the amount desired at the market's equilibrium price.
Equilibrium Price
The price at which the quantity of a good or service supplied equals the quantity demanded in a market.
Chocolate-Covered Peanuts
A snack or confectionery consisting of peanuts that are coated in a layer of chocolate.
Surplus
A scenario where the supply of goods surpasses what is being demanded at the present price level.
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