If the price of a product is higher than the equilibrium, there will be a surplus.
Option: A
Explanation:
Market equilibrium is reached when demand and supply curve intersect means there is an equal balance between demand and supply of the product in market. When the price of a product is higher than the equilibrium there will be a surplus of the product.
When producer produced enough product in comparison with demand what will happen? Producer will obviously sell his product in lower prices to make his stock clear. And when he lowers the price of product it will create huge demand means surplus of the product in the market.
Answer:
The supply of loanable funds will increase and the interest rate will decrease
Explanation:
As the youngsters entered their prime earning years, the likelihood of new businesses to emerge is also increased. This increase the amount of loanable funds that are most likely used to purchase capital needed for the businesses (such as to purchase new properties, materials, workers, etc)
As this happen , loan provider will reduce the interest rate for their loan. They do this to make sure that the young entrepreneurs choose to obtain loan from them rather than their competitors.
Answer:
What it means is that you have to do right by your country and the countries around the world. If not you will probably go to war. Then list some of your personal qualities that makes you a leader.
Explanation:
The first three options I see are all making-decision process to take action, but the last one is the one that is not like that. Researching is something that is not so close in meaning to what you need. That is why, D is a good option.
