Which of the Following Will Indicate a Shortage of a Product

question 39

Multiple Choice

Which of the following will indicate a shortage of a product in the market to suppliers?

• A)The quantity supplied exceeds the quantity demanded at a particular price.
• B)The quantity demanded decreases substantially.
• C)The stock of inventories of most suppliers increases.
• D)The quantity demanded exceeds the quantity supplied at a particular price.
• E)The price of the product declines to an all-time low.

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Definitions:

Nondurable Good

Products that are consumed or are only usable for a short period of time, such as food, paper products, and fuel.

CarPlay

An Apple standard that enables a car radio or head unit to be a display and a controller for an iOS device.

Car Manufacturers

Companies engaged in the design, production, marketing, and selling of motor vehicles.

Tangible Attributes

The physical and measurable characteristics of a product, such as size, color, weight, and texture.