If the Quantity Demanded Is Greater Than the Quantity Supplied

question 24

Multiple Choice

If the quantity demanded is greater than the quantity supplied:

• A) firms will reduce the price.
• B) some consumers will offer to pay more for the product.
• C) a surplus results for the increased demand.
• D) firms will decrease production to drive up the price.

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Definitions:

Systolic Pressure

The pressure in the arteries when the heart beats and fills them with blood; the higher number in a blood pressure reading.

Cuff

A band or folded part of a garment at the end of a sleeve or pant leg, which can also refer to devices used in medical settings to measure blood pressure.

Blood Pressure Reading

The measurement of the pressure of circulating blood against the walls of blood vessels, vital for assessing cardiovascular health.

Brachial

Pertaining to the arm, especially the upper arm, or a structure resembling an arm.