Examlex
Non-spatial data in a GIS are referred to as
Temporary Shortage
A situation where the demand for a product or service exceeds its supply in a short-term period.
Quantity Demanded
The aggregate quantity of a product or service that buyers are ready to buy at a particular price point.
Quantity Supplied
The quantity of a commodity that producers are willing and able to sell at a particular price over a specified period of time.
Equilibrium
The state of the market when supply and demand are equal, ensuring stable prices.
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