What Would Happen in the Market for Bread If Its

question 258

Multiple Choice

What would happen in the market for bread if its demand increased but the price was NOT allowed to change?

• A)There would be a surplus of bread.
• B)There would be a shortage of bread.
• C)The supply of bread would increase.
• D)The supply of bread would decrease.

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Definitions:

HR Supply Planning

The process used by human resources to ensure that the organization has the right number of employees with the necessary skills in the right places at the right times.

Demographic Trends

Patterns in the composition of a population over time, including changes in age, gender, race, and other characteristics.

Talent Management

The commitment of an organization to recruit, retain, and develop the most talented and superior employees available in the job market.

Talent Segmentation

A strategy that involves categorizing the workforce based on skills, competency, and potential to tailor development programs and manage talent effectively.