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When a Market Operates So That There Are No Shortages

question 235

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When a market operates so that there are no shortages and no surpluses,then the market is


Definitions:

Orient

To align or position something relative to points of reference or to familiarize oneself with a particular situation or environment.

Habituation

A mental conditioning process where the reaction to a stimulus reduces due to its repeated presentation.

Sensitization

the process of becoming more sensitive to a particular stimulus over time, particularly in the context of allergy or immune response.

Associative Conditioning

A learning process in which a relationship is formed between two stimuli or between a stimulus and a behavior.

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