An Excess Quantity Supplied Can Be Corrected by

question 21

Multiple Choice

An excess quantity supplied can be corrected by

• A) a fall in price.
• B) legally fixing the price at its present level.
• C) a decrease in demand.
• D) an increase in supply.

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Definitions:

Meditative State

A mental state achieved through practices of meditation, characterized by deep relaxation and a tranquil mind, often pursued for health, spiritual, or relaxation purposes.

Dissociative Theory

Dissociative Theory is a psychological model that explains dissociation as a process where certain thoughts, emotions, sensations, or memories are compartmentalized because they are too distressing for the conscious mind to handle.

Hypnotized

A trance-like state of focus and concentration achieved through hypnosis, in which a person may be more open to suggestion.

Hypnosis

A trance-like state of focused attention, heightened suggestibility, and deep relaxation, induced by psychological techniques.