The Quantity of Goods Exchanged in a Market Will Be

question 217

Multiple Choice

The quantity of goods exchanged in a market will be below the equilibrium quantity

• A)when the price is either held above or below the equilibrium price.
• B)only when the price is held above the equilibrium price.
• C)only when the price is held below the equilibrium price.
• D)only when the price is rising.

---

Definitions:

Collection Of Cheques

Collection of Cheques refers to the process banks undertake to collect the amount specified on a cheque from the bank upon which the cheque is drawn.

Collections Float

The time gap between when a check is deposited into a bank account and the funds are available for use.

Cash Management System

A suite of services and tools used by businesses to manage their cash flow, including collection services, disbursement services, and liquidity management.

Inventory Carrying Costs

Expenses related to storing and maintaining a company's stock, such as warehousing, insurance, and taxes.