Which of the Following Statements Is False

question 195

Multiple Choice

Which of the following statements is false?

• A) At equilibrium in a market,scarcity does not exist.
• B) If there is a shortage of 100 units at a price of $2 per unit,the shortage will be greater than 100 units at a price of $1 per unit.
• C) If there is a surplus of 30 units at a price of $3,the surplus will be less than 30 units (or even nonexistent)at a price of $2.
• D) If there is a surplus,suppliers will not be able to sell all they had hoped to sell at a particular price.

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Definitions:

Blepharitis

An inflammation of the eyelids, typically involving the part where the eyelashes grow and resulting in red, irritated, itchy eyelids, and the formation of dandruff-like scales on the eyelashes.

Hyperopia

A common vision condition, also known as farsightedness, where distant objects are seen more clearly than near objects.

Glaucoma

A group of eye conditions that damage the optic nerve, often associated with abnormally high pressure in the eye, leading to vision loss.

Intraocular Pressure

The fluid pressure within the eye, essential for maintaining the eye’s shape and optimal optical properties but can lead to glaucoma if elevated.