"Discrepancies of Quantity" Means

question 136

Multiple Choice

"Discrepancies of quantity" means:

• A) there are more producers than consumers.
• B) there are more consumers than producers.
• C) the difference between the product lines the typical producer makes and the assortment wanted by consumers or final users.
• D) consumers want more products than producers can make.
• E) the difference between the quantity of products it is economical for an individual producer to make and the quantity normally wanted by individual consumers or users.

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Definitions:

ROM

Acronym for Read-Only Memory, a type of non-volatile storage medium that permanently stores data on personal computers and other electronic devices.

RAM

See random-access memory.

Local Vendor

A local individual or business that sells goods or services in a specific area or community.

Supply Companies

Businesses that provide materials, equipment, and supplies to consumers, businesses, or other organizations.