A Surplus Exists

question 61

Multiple Choice

A surplus exists

• A) in equilibrium.
• B) when quantity supplied is greater than quantity demanded.
• C) when quantity supplied is less that quantity demanded.
• D) at the market clearing price.

Grasp the physiological basis behind tests for equilibrium and the expected responses.

Recognize the neural pathways involved in transmitting vestibular information and their significance.

Distinguish between true and false characteristics of vestibular system structures and their functions.

Understand the interaction between vestibular inputs and motor coordination, along with spatial awareness.

---

Definitions:

Contribution Margin Ratio

The proportion of sales revenue that exceeds variable costs, indicating how much revenue contributes to fixed costs and profit.

Margin of Safety Percentage

A financial ratio indicating the difference between actual sales and break-even sales, used to determine the risk of incurring a loss.

Break-even Sales

The level of sales at which a business neither makes a profit nor a loss, calculated by dividing fixed costs by the contribution margin ratio.

Total Sales

The overall revenue generated from goods or services sold by a business in a specific period.