When Quantity Supplied Is Greater Than Quantity Demanded,there

question 149

Multiple Choice

When quantity supplied is greater than quantity demanded,there

• A)is a shortage.
• B)is a surplus.
• C)may be either a shortage or a surplus.
• D)may be neither a shortage or a surplus.

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Definitions:

Systematic Variance

The portion of a security's return variance that is attributable to macroeconomic factors and cannot be diversified away.

Total Variance

The sum of squared deviations from the mean, indicating the overall level of variability within a dataset.

Correlation Coefficient

A statistical measure that calculates the strength and direction of a linear relationship between two variables, ranging from -1 to 1.

Diversification

A strategy to reduce risk by allocating investments among various financial instruments, industries, and other categories.