Deflation would be the biggest problem, deflation is the depreciation of money. Another way to look at it is that if you have a surplus of something it will have less value.
I hope this helped!
All decisions involve trade-offs. Trade offs are the alternatives one gives up whenever one chooses one course of action leaving out out all other alternative courses of action.
Trade-offs are practically found in all economic decisions. For instance, when one chooses to take a special cup of cappuccino for $330, this excludes spending this amount of cash on tea or fruit juice. When you choose to buy an expensive piece of art, you will have to spend more money towards maintenance and security of the painting. If you decide to work in a far-off city due to better pay there, you spend less time with family and friends in your hometown.
Answer: А The monthly supply of milk must increase by 8 billion gallons.
Explanation:
The demand is 18 billion gallons and the supply is 10 billion gallons a month. For equilibrium to be reached, the supply needs to reach a level of 18 billion gallons a month because equilibrium means that Supply is equal to Demand.
For the supply to reach this amount per month, it needs to increase by:
= Amount needed - Amount currently supplied
= 18 billion - 10 billion
= 8 billion gallons a month
I believe the answer is D.
Sorry is not right.
