Examlex
Which one of the following options is a basis of discrimination, classification, or differential by government action which is neutral with regard to race, color, gender, religion or national origin, and which is related to legitimate government interests?
Quantity Demanded
The total amount of a good or service that consumers are willing to purchase at a specific price level, holding all other factors constant.
Quantity Supplied
The amount of a good or service that producers are willing and able to offer for sale at a given price during a specified period.
Excess Demand
A situation where the quantity demanded of a good or service exceeds the quantity supplied at the current price.
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.
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