When There Is an Excess Quantity Supplied of a Product

question 41

Multiple Choice

When there is an excess quantity supplied of a product at the current price, then:

• A)the market price must be below the equilibrium price.
• B)the quantity demanded is greater than the equilibrium quantity.
• C)the market price will tend to rise
• D)the market price will tend to fall.
• E)the quantity demanded will tend to fall.

---

Definitions:

Sexually Abused

Refers to experiencing unwanted or forced sexual activity by another person, often resulting in significant psychological trauma.

Higher Intelligence

Reflects individuals who possess cognitive abilities significantly above the average for their age and demographic group.

Gender Dysphoria

Condition in which a person believes that he or she was born with the wrong sex’s genitals and is fundamentally a person of the opposite sex.

Bed Nucleus

A cluster of neurons in the brain associated with controlling various physiological and behavioral functions.