If There Is Excess Demand in a Market, Then This

question 148

Multiple Choice

If there is excess demand in a market, then this suggests that:

• A)there is no way to help some people without harming others.
• B)there is an opportunity for mutually beneficial trades.
• C)the market price is above the equilibrium price.
• D)the market is in equilibrium.

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Definitions:

Tertiary Bronchi

The third level of branching in the bronchial tree of the respiratory system, which directs air to specific sections of the lungs.

Respiratory System

The biological system that involves the process of breathing and the exchange of oxygen and carbon dioxide between an organism and its environment.

Digestive System

The system in the body responsible for breaking down food into nutrients and waste, including organs such as the stomach, intestines, and liver.

Working Tissue

The active or functioning tissue in an organ or structure, responsible for its main physiological activities.