Examlex
The Paschen series is formed by electron transitions that
Shortage
Occurs when the quantity demanded of a good exceeds its supply at a given price, leading to an unmet demand in the market.
Quantity Supplied
The total amount of a product or service that producers are willing and able to sell at a given price over a specified period.
Equilibrium Price
is the price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, resulting in market balance.
Quantity Supplied
Suppliers' readiness and capability to sell a certain amount of goods or services at a specified price.
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