-The Above Figure Shows the Market for Game Day T-Shirts

question 223

Multiple Choice

-The above figure shows the market for game day t-shirts.If the price of t-shirts is $10,then

• A) there is a surplus and the price of t-shirts will rise.
• B) there is a shortage and the price of t-shirts will rise.
• C) there is a shortage and the price of t-shirts will fall.
• D) there is a surplus and the price of t-shirts will fall.
• E) the market is in equilibrium.

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Definitions:

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Binding rules and regulations that individuals and entities must follow, often enforced by governing bodies to ensure compliance.

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The act of adhering to laws, regulations, standards, or policies.

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An approach in HR that involves anticipating future needs or problems and taking action to address them in advance, rather than reacting to events as they happen.

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The ability to foresee and prepare for potential issues before they occur.