If the Current Price of a Good Is the Same

question 35

Multiple Choice

If the current price of a good is the same as that found at the intersection of the market supply and demand curves,then:

• A)excess demand exists.
• B)excess supply exists.
• C)the price will tend to rise.
• D)the price will tend to fall.
• E)the market is in equilibrium.

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Definitions:

Risk Factors

Elements or conditions that increase the likelihood of a negative outcome or disease.

Impulsivity

A tendency to act on a whim, displaying behavior characterized by little or no forethought, reflection, or consideration of the consequences.

Negative Emotionality

A personality trait characterized by the tendency to experience negative emotions such as anger, anxiety, or depression more frequently and intensely.

Forensic Assessments

Evaluations conducted by psychologists or other professionals within a legal context, often to determine an individual's mental state for legal proceedings.