What Is Another Name for Excess Demand

question 128

Multiple Choice

What is another name for excess demand?

• A) inventory
• B) surplus
• C) shortage
• D) equilibrium

---

Definitions:

Model

An abstract or practical representation of a concept, system, or phenomenon used for understanding, teaching, or simulation.

Fully Functioning

A concept in humanistic psychology referring to an individual who is living in alignment with their true self, enabling them to realize their full potential.

Rogers

Refers to Carl Rogers, an influential American psychologist and one of the founders of the humanistic approach to psychology.

Self-Concept

An individual's understanding and evaluation of themselves, including their beliefs, attitudes, and perceptions of their own abilities and attributes.