Answer:
Excess supply
Explanation:
Demand is the quantity required or requested by buyers while supply is the quantity of a good that a producer is able to supply to the buyer.
When demand is equal to supply there is equilibrium and no excess in demand or supply.
However when the amount supplied exceeds the demand for a product there will be excess product in the market. This is called excess supply.
Conversely when the quantity demanded is more than that supplied it is excess demand
Answer:
The offeror may retract the offer at any time prior to acceptance.
Most likely the offeror was able to get a better deal somewhere else, which allows the offeror to retract the offer. However, if they had already made a deal, the offeror would have broken the deal, which may result in action.
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Answer:
B. Cash Flow problem
Explanation:
Cash flow problem occurs in a business when the business struggles to pay back debts. It happens when a business cannot longer cover its debt payments and operational expenses. It is very common in new and growing business, because during growth period in a business, expenses are larger than receivables.
Janis in this case is facing cash flow problems as she is not getting enough clients and receivables to pay back the expenses her equipment is bringing in. The major solution to cash flow problem for short term/temporary issues is Financing.
Answer:
A social security number
Explanation:
Categorical data is type of data that can be divided into groups or the data which defines a category
Here, in the given question
Score on a multiple-choice exam, Height, in meters, of a diving board and number of square feet of carpet are the quantitative data which means the data quantifies a sample with a particular value.
While A social security number defines a certain category of people.
