When There Is an Excess Quantity Supplied

question 197

Multiple Choice

When there is an excess quantity supplied

• A) the market is in equilibrium.
• B) quantity demanded is greater than quantity supplied.
• C) quantity demanded is less than quantity supplied.
• D) prices will remain stable.

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Definitions:

Recreation Centre

A facility provided by the community or a private entity, offering recreational and leisure activities and services.

Physical Activities

Any bodily movement produced by skeletal muscles that requires energy expenditure, including exercises and daily routine movements.

Telephone Responses

Answers or feedback collected over the phone, often used in surveys or customer service inquiries.

Applicants

Individuals who apply or make a formal request for something, typically a job or admission to an educational institution.