Where Quantity Supplied Equals Quantity Demanded, the Market Is Experiencing

question 8

Multiple Choice

Where quantity supplied equals quantity demanded, the market is experiencing:

• A) recession.
• B) excess surplus.
• C) excess demand.
• D) equilibrium.

---

Definitions:

Off-The-Job Training

Training that occurs away from the primary work environment, often in a classroom setting or through online modules, to enhance skills and knowledge.

Critical-Incident Technique

A performance assessment technique that keeps a log of employees’ effective and ineffective job behaviours.

Recency Bias

The overemphasis of the most recent behaviours when evaluating individuals’ performance.

Evaluations

The process of assessing or judging the performance, qualities, or value of someone or something.