Which of the Following Will Tend to Occur When a Surplus

question 362

Multiple Choice

Which of the following will tend to occur when a surplus exists in a market?

• A) supply will increase and demand will decrease until the surplus disappears.
• B) supply will decrease and demand will increase until the surplus disappears.
• C) the price will tend to rise over time.
• D) the price will tend to decrease over time.

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Definitions:

Barrier Buster

Individuals or policies that identify and remove obstacles to streamline processes or facilitate easier access to resources or information.

Obstacles

Physical, social, psychological, or environmental barriers that impede progress towards a goal.

Work Accomplishment

The successful completion of tasks or achievement of goals in a professional setting, often contributing to the organization's objectives.

Expectancy Theory

A motivational theory suggesting that an individual's motivation is influenced by their expectation of the outcome and the attractiveness of that outcome.