When a Surplus Exists

question 177

Multiple Choice

When a surplus exists

• A) the price is below the market clearing price.
• B) quantity demanded exceeds quantity supplied.
• C) an excess quantity demanded exists.
• D) none of the above.

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Definitions:

Readability, Clarity

The ease with which text can be read and understood by the audience, often influenced by the writer's choice of words, sentence structure, and organization.

Mechanics

The branch of physics concerned with the motion of objects and the forces that cause this motion.

Audience Analysis

The process of examining and understanding the characteristics of the audience for whom a message is intended.

Editing Skills

The ability to revise and improve a text by correcting errors and making it clearer and more effective.