The Following Data Shows the Market for Soccer Balls

question 125

Multiple Choice

The following data shows the market for soccer balls:

-Refer to the above information to answer this question.Assume that initially the market is in equilibrium and the demand and supply both increase by 20 units.What will be the new equilibrium price and quantity?

• A)$30 and 50.
• B)$40 and 100.
• C)$50 and 80.
• D)$50 and 100.
• E)$60 and 100.

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Definitions:

Role Overload

The stress and pressure that occur when an individual is expected to fulfill too many roles or tasks beyond their capacity.

Downsizing Effort

The process of reducing a company's workforce to improve its efficiency and reduce costs.

Highly Skilled

Describes workers who possess a high level of expertise, training, or experience in their respective fields or professions.

Role Ambiguity

A situation in which an employee lacks clear understanding about job responsibilities, expectations, and the scope of their role, often leading to stress and decreased job performance.