A Surplus Will Occur in a Market If

question 53

Multiple Choice

A surplus will occur in a market if:

• A)the quantity being supplied at a given price exceeds the quantity demanded at that price.
• B)the quantity being demanded at a given price is less than the quantity supplied at that price.
• C)there are not enough buyers.
• D)there are only secondary goods being sold.

---

Definitions:

The Unconscious

A part of the mind that houses memories, desires, and feelings that are not within conscious awareness.

Childhood Experiences

Events, interactions, and relationships during early years of life that significantly influence one's development and personality.

Individual Psychology

A psychological theory and therapy approach focusing on the uniqueness of each person and the importance of social context in personality development, introduced by Alfred Adler.

Depth Psychology

A branch of psychology that focuses on the unconscious mind, and how deep-seated thoughts and feelings can influence behavior and personality.