Exhibit 3-4 -Refer to Exhibit 3-4.A Price of $6 in the Market

question 134

Multiple Choice

Exhibit 3-4
-Refer to Exhibit 3-4.A price of $6 in the market will result in a

• A)shortage of 10 units.
• B)surplus of 10 units.
• C)surplus of 5 units.
• D)shortage of 5 units.

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Definitions:

Reactive

Responding to events or stimuli rather than initiating actions proactively; typically characterized by responses to environmental or situational factors.

Proactive

Taking initiative by acting in advance of future situations, rather than just reacting.

Bullying

The act of intimidating, threatening, or harming someone perceived as vulnerable, often repeating over time and creating a power imbalance.

Violent Crimes

Acts of violence or aggression that are punishable by law, including murder, rape, assault, and robbery.