Which Statement Is True

question 50

Multiple Choice

Which statement is true

• A) A while statement cannot be nested inside another while statement.
• B) An if statement cannot be nested inside another if statement.
• C) A while statement cannot be nested inside an if statement.
• D) None of the above.

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Definitions:

Market Equilibrium

is the state in which market supply equals market demand, resulting in stable prices where the quantity of goods supplied equals the quantity of goods demanded.

Excess Supply

A market condition where the quantity of a good or service offered for sale by producers exceeds the quantity demanded by consumers, typically leading to a drop in prices.

Excess Demand

A market condition where the quantity demanded of a good or service exceeds the quantity supplied at a given price, leading to shortages.

Good Increases

Refers to a situation where the quantity or quality of goods available in a market or economy grows.