Examlex
The tendency to pay attention to messages consistent with one's attitudes and beliefs and to ignore messages that are inconsistent is referred to as
Surplus
The situation in which the quantity supplied of a good exceeds the quantity demanded, often leading to a decrease in prices.
Shortage
A situation where the demand for a product exceeds the supply of that product, often leading to a temporary unavailability.
Excess Demand
A situation where the quantity demanded of a good or service exceeds the quantity supplied at the current price.
Shortage
A situation in a market where the demand for a product exceeds the supply, resulting in a lack of enough goods to satisfy consumer demand.
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