Question
What is overproduction?
A The making of too much supply with not enough demand.
B. When a buyer borrows stock money by putting a small amount of money down for the purchase.
C. When people made a small downpayment on expensive items (cars, refrigerators, etc.) and made monthly payments.
D. It is when the Federal Reserve keeping interest rates low:
E. It is a tax on imported or things coming into a country to be sold
A The making of too much supply with not enough demand.
B. When a buyer borrows stock money by putting a small amount of money down for the purchase.
C. When people made a small downpayment on expensive items (cars, refrigerators, etc.) and made monthly payments.
D. It is when the Federal Reserve keeping interest rates low:
E. It is a tax on imported or things coming into a country to be sold
Answers
GPT-4o mini
Overproduction is best defined as:
**A. The making of too much supply with not enough demand.**
This refers to a situation where goods are produced in excess of what consumers want or need, leading to surplus and often resulting in lower prices and wasted resources.
**A. The making of too much supply with not enough demand.**
This refers to a situation where goods are produced in excess of what consumers want or need, leading to surplus and often resulting in lower prices and wasted resources.