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:

Generating Publicity

The act of creating interest and awareness among the public or media about a person, product, or event, often through strategic communication and events.

Driving Business

Refers to the strategic actions and tactics employed by a company to promote growth, competitiveness, and profitability.

Triple Bottom Line

An accounting framework that considers social, environmental, and financial performance as measures of an organization’s success.

Corporate Philanthropy

The act of a corporation donating resources, including money, goods, or time, to social causes or charitable organizations.