Examlex
When using a spreadsheet, a(n) ____________________ performs mathematical operations using the content of other cells (such as adding or multiplying the values in the specified cells) and displays the result in the target cell.
Excess Demand
A situation in which the quantity demanded of a good or service exceeds the quantity supplied at a given price.
Queuing
The process of forming or waiting in a line, often applied to the theory studying the behavior of lines to improve service efficiency.
Rationing Mechanism
A system or method used to distribute scarce goods or services among competing users.
Price Floor
A government- or authority-imposed minimum price that can be charged for goods and services, typically above the equilibrium price, to prevent prices from falling too low.
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