Examlex
Which of the following is a buffer pair?
Normal Good
a good for which demand increases when consumer income rises, and falls when consumer income decreases.
Equilibrium Price
The market price at which the quantity demanded of a good equals the quantity supplied, leading to market balance.
Video Game Discs
Physical media used for storing video game content for use on consoles and computers.
Excess Supply
Excess Supply, also known as surplus, occurs when the quantity supplied of a good exceeds the quantity demanded at the current price.
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