Examlex
Which of the following is a desirable action for managers when making an offer to a selected candidate?
Shortage Or Surplus
Economic conditions where the quantity demanded exceeds supply (shortage) or supply exceeds demand (surplus) at a given price.
Decrease In Supply
A situation where the quantity of a good or service available for sale becomes less than before, often due to factors like increased production costs, natural disasters, or reduced resources.
Equilibrium Level
The state in a market where supply equals demand, and there are no external forces causing disruption, leading to a stable price.
Unconscionable Rate
A term often used to describe exorbitantly high rates or charges that go beyond what is reasonable or legally permissible, typically in the context of loans or credit.
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