If the Increase in the Supply of a Product Is

question 17

Multiple Choice

If the increase in the supply of a product is greater than the increase in the demand,what will be the immediate result?

• A)A surplus.
• B)A shortage.
• C)The price will increase.
• D)Cannot be determined.

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Definitions:

Formative Evaluations

Ongoing assessments conducted during the development of a program or project to improve its design and performance before its completion.

Compare And Contrast

A method of analysis that identifies similarities and differences between two or more subjects, objects, or concepts.

Mass Media Messages

Content disseminated on a large scale to the general public through mediums such as television, radio, newspapers, and the internet.

Validate Messages

Involves verifying the accuracy and relevancy of information before dissemination.