A Surplus Exists in the Market When

question 42

Multiple Choice

A surplus exists in the market when

• A)the quantity demanded exceeds the quantity supplied.
• B)supply and demand are equal.
• C)the quantity demanded is less than the quantity supplied.
• D)the equilibrium price is too low.
• E)the supply curve has shifted to the left.

---

Definitions:

Group Cohesion

The bond or sense of solidarity among members of a group, which enhances loyalty and commitment.

Dysfunctional Conflict

Conflict that leads to a decline in communication or performance of a group or organization; often destructive in nature.

Interpersonal Hostilities

Conflicts or antagonistic interactions that occur between individuals.

Interpersonal Difficulties

Challenges faced during interactions with others due to differences in communication styles, personalities, and expectations.