Examlex
Which of the following is an unintended side effect of a high degree of specialization in an organization?
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.
Black Market
An illegal trading environment where goods or services are bought and sold without government authorization or oversight.
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