Which of the Following Will Tend to Occur When a Surplus

question 362

Multiple Choice

Which of the following will tend to occur when a surplus exists in a market?

• A) supply will increase and demand will decrease until the surplus disappears.
• B) supply will decrease and demand will increase until the surplus disappears.
• C) the price will tend to rise over time.
• D) the price will tend to decrease over time.

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Definitions:

Sexuality

A complex mix of biological, emotional, psychological, and social factors influencing sexual interest, behavior, and the expression of sexual preference and identity.

Environment

The surrounding conditions, influences, or forces which affect the life, behavior, and development of an individual or population.

Adolescence

A developmental stage occurring between childhood and adulthood, marked by significant physical, psychological, and emotional changes.

Style Of Life

Adlerian psychology term for an individual's unique way of achieving superiority, personal goals, and handling of life's tasks.