Examlex
In the election of 2000,when a court-ordered deadline for the Florida recount arrived,the Florida secretary of state certified Bush the winner in Florida by a little more than 500 votes,even though the recount was not complete.
Market Equilibrium
The state in which market supply equals market demand, and prices have no tendency to change, assuming all other factors remain constant.
Excess Supply
A situation in which the quantity of a good or service provided exceeds the quantity demanded at a given price.
Market Equilibrium
A state where the supply of a product matches its demand, resulting in stable prices.
Quantity Demanded
The aggregate quantity of a product or service that buyers are prepared to buy at a given price.
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