The Equilibrium Price Is Unstable Because Sellers Have an Incentive

question 150

True/False

The equilibrium price is unstable because sellers have an incentive to lower their price to sell more goods.

---

Definitions:

Paid-Time-Off Plans

Employee benefit programs that offer a pool of days for vacation, sick leave, and personal time, which employees can use at their discretion.

PTOs

Paid Time Off; a policy that combines vacation, sick leave, and personal leave into a single bank of days for employees to use at their discretion.

Work-Life Balance

The equilibrium between personal life and career work, where neither is neglected.

Voluntary Protection Programs

Cooperative initiatives between employers and government agencies to implement or enhance safety and health management systems at workplaces.