Examlex
An action potential occurs at a specific strength for that neuron,regardless of the stimulus intensity;this is known as the:
Equilibrium Price
The price at which the quantity of a good demanded by consumers equals the quantity supplied by producers, leading to market stability.
Equilibrium Quantity
The quantity of goods or services supplied that equals the quantity demanded at the market equilibrium price.
Shortage
A situation where the demand for a product exceeds its supply in a market, often leading to increased prices.
Excess Supply
A market condition where the quantity of a good or service supplied exceeds the quantity demanded at a particular price, often leading to price decreases.
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