Examlex
Which of the following statements about using the calendar and time management systems such as Microsoft Outlook and Google Calendar is INCORRECT?
Equilibrium Price
The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers.
Equilibrium Quantity
The quantity of goods or services supplied is equal to the quantity demanded at the market price.
Supply Decreases
A reduction in the quantity of a good or service that producers are willing and able to sell at a given price.
Late Frost
An unexpectedly cold period occurring late in the spring that can damage or kill crops and plants.
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