Examlex
A key characteristic of service blueprinting is that it makes little or no distinction between what customers experience "front-stage" and the activities of employees and support processes "backstage."
Ration
The controlled distribution of scarce resources, goods, or services.
Equilibrium Price
Equilibrium price is the market price at which the quantity of goods supplied is equal to the quantity of goods demanded.
Surplus
Occurs when the quantity supplied of a product exceeds the quantity demanded at a given price, often leading to price reductions.
Price Ceiling
A government-imposed limit on how high a price can be charged for a product, service, or resource, usually intended to protect consumers from high prices.
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