According to the Above Figure, a Shortage Will Occur at a Price

question 360

Multiple Choice

According to the above figure, a shortage will occur at a price at which

• A) quantity demanded equals quantity supplied.
• B) quantity demanded exceeds quantity supplied.
• C) quantity supplied exceeds quantity demanded.
• D) government sets a price above equilibrium.

---

Definitions:

Assets

Assets held by a company or person anticipated to yield benefits in the future.

U.S. Treasury Bonds

Long-term government securities issued by the U.S. Department of the Treasury with a fixed interest rate and maturity of more than 10 years.

Low-risk

A description of investments or activities that have a minimal chance of loss or failure.

Equity

The residual interest or ownership rights in the assets of a company after deducting its liabilities, often reflected as shareholders' equity.