Universities Are Good Sources for Interns, a Source of Inexpensive

question 3

True/False

Universities are good sources for interns, a source of inexpensive part-time help for the present and the inside track on hiring high performers as full-time employees after they graduate.

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Definitions:

Surplus

A situation where the quantity supplied exceeds the quantity demanded, or when revenues exceed expenses.

Easily Stored

Refers to items or data that can be kept or archived with minimal effort or resources.

Current Supply

The total amount of a particular good or service available to consumers at the current time.

Price Floor

A government- or group-imposed price control that sets the lowest legal price a commodity can be sold at to prevent market prices from falling below a certain level.