When Quantity Supplied Is Greater Than Quantity Demanded

question 79

Multiple Choice

When quantity supplied is greater than quantity demanded

• A)there is excess demand that is not being satisfied.
• B)price will rise until it gets back to equilibrium.
• C)price will fall until it gets back to equilibrium.
• D)the market is in equilibrium.

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Definitions:

Sectional Area

Sectional area refers to the area of a particular cross-section of a material or structural element, significant in physics and engineering for calculating stress, resistance, and other material properties.

Electrical Current Flow

The movement of electrically charged particles through a conductor or space, typically measured in amperes (A).

Conventional Theory

Asserts that current flows from positive to negative. Most automotive wiring schematics, terminology, and troubleshooting procedures are based on conventional theory. Its opposite is electron theory.

Vehicle Wiring Schematics

Diagrams that illustrate the electrical wiring connections and circuits in a vehicle, used for troubleshooting and repair.