If the Price of Carrots Is Below the Equilibrium Price

question 53

Multiple Choice

If the price of carrots is below the equilibrium price, the

• A)quantity supplied of carrots exceeds the quantity demanded and a shortage exists.
• B)quantity supplied of carrots equals the quantity demanded.
• C)quantity demanded of carrots exceeds the quantity supplied and a surplus exists.
• D)quantity demanded of carrots exceeds the quantity supplied and a shortage exists.
• E)quantity supplied of carrots exceeds the quantity demanded and a surplus exists.

---

Definitions:

Send Backward

A command in graphic and presentation software that moves a selected object one layer back in the stacking order.

Align

The process of arranging text or graphical elements so that their edges line up along a common row, column, or center line.

Widow And Orphan

Terms in typesetting that refer to the undesired separation of a paragraph's last line (widow) or first line (orphan) at the top or bottom of a page.

Page Break

A marker in text processing applications that tells the printing software or the document viewer to start a new page at the specified location.