When There Is a Surplus of Snowboards,the

question 289

Multiple Choice

When there is a surplus of snowboards,the

• A) demand for snowboards is greater than the supply of snowboards.
• B) supply of snowboards is greater than the demand for snowboards.
• C) quantity of snowboards demanded is greater than the quantity of snowboards supplied.
• D) quantity of snowboards supplied is greater than the quantity of snowboards demanded.
• E) price rises to restore the equilibrium.

---

Definitions:

Secondary Stakeholders

Individuals or groups who do not engage in direct transactions with a company but are affected by or can affect its operations.

Special-Interest Groups

Organizations composed of members who share common objectives and actively seek to influence public policy in their interest.

Shareholder Models

Refer to theoretical frameworks that describe how shareholders interact with and influence corporate governance and decision-making processes.

Corporate Governance

Systems, principles, and processes by which a company is directed and controlled, focusing on the relationship among various stakeholders, including shareholders and the board of directors.