The First Example of Employee Appreciation at Disney Was

question 2

Multiple Choice

The first example of employee appreciation at Disney was

• A)all employees became honorary Mouseketeers
• B)Walt Disney gave a special team 100 shares of Disney stock,$50,000 cash and a Ferrari for developing ideas to draw people to the park.
• C)a play-day at the parks.
• D)Walt Disney gave all managers 100 shares of Disney stock.

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Definitions:

Excess Supply

A situation in a market where the quantity of a good supplied is greater than the quantity demanded at the current price.

Excess Demand

A market condition in which the quantity demanded of a good or service exceeds the quantity supplied at a given price, leading to upward pressure on price.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price level, at a specific time.

Excess Demand

Occurs when the quantity demanded of a good or service at the current price exceeds the quantity supplied, often leading to upward pressure on prices.