Question

a list of prices and quantities which allow businesses to graph the markets current status. price list quantitative review schedule market shift 2 multiple choice 10 points when a business has extra goods left over after a certain amount of time, this is called a. surplus shortage equilibrium schedule

Explanation:

First Question (Top Question)

We analyze each option:

• "price list" is just a list of prices, not for graphing market status with quantities.
• "quantitative review" is a review of quantities, not a list for graphing.
• "schedule" (in economics, a supply or demand schedule is a list of prices and corresponding quantities, which can be graphed to show market status).
• "market shift" is a change in market curves, not a list of prices and quantities.

So the correct option is the one with "schedule".

• "surplus" is defined as excess goods left over (supply > demand).
• "shortage" is lack of goods (demand > supply).
• "equilibrium" is when supply = demand, no excess.
• "schedule" is a list of prices/quantities, not excess goods.

So the correct term for extra goods left over is "surplus".

Answer:

C. schedule (assuming the options are labeled A, B, C, D with C being schedule; if original labels are different, adjust, but based on the options, the correct one is the "schedule" option)

Second Question (Question 2)