A Surplus

question 105

Multiple Choice

A surplus

• A)can never occur in a market that is functioning properly and without interference.
• B)occurs when market price is below equilibrium price.
• C)occurs when sellers are willing to sell more than consumers are willing to buy.
• D)is an example of failure on the part of a market.
• E)causes a price increase in a market.

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Definitions:

Zygote

The initial cell formed when a sperm cell and an egg cell combine, marking the beginning of human development.

Sperm

Male reproductive cells or gametes involved in sexual reproduction, carrying genetic information to the ova.

Egg

An organic vessel in which an embryo first begins to develop, commonly consumed as food by humans.

Germinal Stage

The earliest phase of prenatal development, encompassing the first two weeks after conception, during which the fertilized egg divides and implants in the uterine wall.