If Quantity Supplied Is Less Than Quantity Demanded, Then

question 104

Multiple Choice

If quantity supplied is less than quantity demanded, then

• A)there is a shortage in the market.
• B)prices will fall.
• C)equilibrium has been achieved.
• D)consumer incomes will increase.
• E)there is a surplus in the market.

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Definitions:

Intervention Program

A structured program designed to help individuals change behaviors and processes that are detrimental to their well-being.

Status Offenses

Behaviors that are considered violations of law only because of the age of the offender, such as truancy or underage drinking.

Juvenile

A young person or animal, especially one that has not yet reached maturity.

Psychotherapy Outcome

The result or consequence of a psychotherapy treatment, often measured in terms of client satisfaction, symptom reduction, or improved quality of life.