If Actual Output Is Greater Than Equilibrium Output,firms Will ________

question 50

Multiple Choice

If actual output is greater than equilibrium output,firms will ________ output to keep from ________ inventories.

• A)increase;accumulating
• B)increase;depleting
• C)decrease;depleting
• D)decrease;accumulating

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Definitions:

Employee Benefits

Compensation in forms other than cash.

Nonunion Operations

Workplaces or businesses that do not have their employees represented by a labor union or similar worker's association.

Turnover

The rate at which employees leave a company and are replaced by new employees over a given period.

Craft Union

A labor union representing workers who are skilled in a specific craft or trade.