Which of the Following Can Be Used to Obtain a Long-Distance

question 67

Multiple Choice

Which of the following can be used to obtain a long-distance telephone number?

• A) The operator
• B) Directory assistance service
• C) The telephone company in the city you are calling
• D) The local telephone book
• E) Your local telephone company

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Definitions:

Excess Supply

A market condition where the quantity of a good supplied is greater than the quantity demanded at the current price.

Equilibrium Price

The price at which the quantity of a good or service demanded meets the quantity supplied, resulting in market balance.

Quantity Demanded

The total amount of a good or service that consumers are willing to purchase at a given price level.

Online Movie Distributors

Companies that provide movies over the internet, allowing users to stream or download films legally.