A Study Found That About ____ Percent of the U

question 134

Multiple Choice

A study found that about ____ percent of the U.S.population identify as either gay, lesbian, or bisexual.

• A)1
• B)3.5
• C)12
• D)22.4

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Definitions:

Excess Supply

A market condition where the quantity of a good or service offered for sale by producers exceeds the quantity demanded by consumers, typically leading to a drop in prices.

Excess Demand

A market condition where the quantity demanded of a good or service exceeds the quantity supplied at a given price, leading to shortages.

Good Increases

Refers to a situation where the quantity or quality of goods available in a market or economy grows.

Excess Demand

Occurs when the quantity demanded of a product significantly exceeds its quantity supplied, often leading to a shortage.