Examlex
Why are the courts willing to award injunctions more often than orders for specific performance?
Surplus
The amount of an asset or resource that exceeds the portion used. In economics, it refers to a situation where supply exceeds demand.
Shortage
A situation in which demand for a good or service exceeds the available supply at the current price.
Market Equilibrium
Market equilibrium is the point where the supply of goods matches demand, leading to a stable market price.
Equilibrium Price
The rate at which the supply of a commodity or service aligns with its demand in the market.
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