Examlex
What is the observation of a naturally occurring behavior,without intervention in the situation?
Queuing
Waiting in line as a means of distributing goods and services: a nonprice rationing mechanism.
Excess Demand
A situation where the quantity demanded of a good or service exceeds its supply at the current price.
Ration
To distribute or allocate a resource, good, or service in limited amounts, often during shortages or to ensure equitable distribution.
Good
A material item or service that satisfies a human want or need.
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