Which of the Following Is NOT a Characteristic of a Market

question 52

Multiple Choice

Which of the following is NOT a characteristic of a market in equilibrium?

• A)Excess supply is zero.
• B)All consumers are able to purchase an amount equal to their quantity demanded.
• C)Excess demand is zero.
• D)The equilibrium price is stable, i.e., there is no pressure for it to change.

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Definitions:

Working Conditions

The environment and terms under which employees work, including hours, workplace safety, amenities, and ergonomics.

Job Interviews

The process by which a potential employer assesses a candidate's suitability for a specific job role through questions and discussion.

Internal and External Supply

The combination of resources or workforce sourced from within an organization and those acquired from outside to meet its operational needs.

Management Inventories

A system for tracking and assessing the skills, abilities, and potential of management personnel within an organization.