Excess Supply Is

question 22

Multiple Choice

Excess supply is

• A) The result of a price that is above equilibrium, causing the quantity demanded to exceed the quantity supplied
• B) The result of a price that is below equilibrium, causing the quantity demanded to exceed the quantity supplied
• C) The result of a price that is above equilibrium, causing the quantity supplied to exceed the quantity demanded
• D) The result of a price that is below equilibrium, causing the quantity supplied to exceed the quantity demanded

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Definitions:

En Dash

A typographical symbol (–) used to indicate ranges of values, connections, or differentiation, shorter than an em dash but longer than a hyphen.

Incorrect Tense

The use of verb forms that do not accurately reflect the time at which an action occurred, resulting in grammatical inconsistency and potential confusion.

Tense

The grammatical category that expresses time reference, typically manifested by the use of specific verb forms to indicate past, present, or future.

Adjective-Adverb

An aspect of grammar focusing on the use of adjectives to describe nouns and adverbs to modify verbs, adjectives, or other adverbs.