Figure 4-16 -Refer to Figure 4-16.If Price in This Market Is Currently

question 65

Multiple Choice

Figure 4-16

-Refer to Figure 4-16.If price in this market is currently $14,then there would be a(n)

• A) surplus of 20 units. The law of supply and demand predicts that the price will rise from $14 to a higher price.
• B) excess supply of 20 units. The law of supply and demand predicts that the price will fall from $14 to a lower price.
• C) surplus of 40 units. The law of supply and demand predicts that the price will rise from $14 to a higher price.
• D) excess supply of 40 units. The law of supply and demand predicts that the price will fall from $14 to a lower price.

---

Definitions:

Recursive Presentation Model

A method of presenting information that involves repeatedly revisiting and refining ideas based on feedback and further reflection.

Nonlinear Presentation Model

A method of presenting information that allows for navigation through the content in a non-sequential order, often enhancing engagement and understanding.

Analyzing Audience

The process of examining and understanding the characteristics, needs, and preferences of the intended recipients of a message or product.

Effective Closing

This refers to the final part of a communication or presentation that is designed to reinforce the main message and motivate the audience to take a desired action.