According to the World Health Organization,alternative Medicine Now Is Estimated

question 17

Multiple Choice

According to the World Health Organization,alternative medicine now is estimated to be used by more than ____ percent of the world's population.

• A)60%
• B)50%
• C)70%
• D)80%

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Definitions:

Market Equilibrium

A state where the supply of goods matches demand, resulting in stable prices.

Market Equilibrium

Market Equilibrium is a state in which market supply equals market demand, meaning that goods supplied at a certain price are exactly matched by the goods demanded at that price.

Excess Demand

A market situation where the quantity demanded of a product exceeds the quantity supplied at a given price, leading to shortages.

Excess Supply

The situation where the quantity of a good or service that is available exceeds the quantity demanded by consumers at the current price.