Deficient demand is a situation whena)individual demand is greater than individual supplyb)Market demand is less than market supplyc)Market demand is greater than market supplyd)Market demand is equal to market supplyCorrect answer is option 'B'. Can you explain this answer?

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Deficient demand is a situation when

a)
individual demand is greater than individual supply
b)
Market demand is less than market supply
c)
Market demand is greater than market supply
d)
Market demand is equal to market supply

Correct answer is option 'B'. Can you explain this answer?

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Historically, the biggest Challenge to world agriculture has been to achieve a balance between demand for and supply of food. At the level of individual countries, the demand-supply balance can be a critical issue for a closed economy, especially if it is a populous economy and its domestic agriculture is not growing sufficiently enough to ensure food supplies, on an enduring basis; it is not so much and not always, of a constraint for an open, and growing economy, which has adequate exchange surplus to buy food abroad. For the world as a whole, supply-demand balance is always an inescapable prerequisite for warding off hunger and starvation. However, global availability of adequate supply does not necessarily mean that food would automatically move from countries of surplus to of deficit if the latter lack in purchasing power. The uneven distribution of hunger, starvation, under or mal-nourishment, etc., at the world-level, thus owes itself to the presence of empty-pock hungry mouths, overwhelmingly confined to the underdeveloped economies. In as much as ‘a two-square meal’ is of elemental significance to basic human existence, the issue of worldwide supply of food has been gaining significance, in recent times, both because the quantum and the composition of demand has been undergoing big changes, and because, in recent years, the capabilities of individual countries to generate uninterrupted chain of food supplies have come under strain. Food production, marketing and prices, especially price-affordability by the poor in the developing world, have become global issues that need global thinking and global solutions.Q. A round archery target of diameter 1 m is marked with four scoring regions from the centre outwards as red, blue, yellow and white. The radius of the red band is 0.20 m. The width of all the remaining bands is equal. If archers throw arrows towards the target, what is the probability, that the arrows fall in the red region of the archery target?

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Historically, the biggest Challenge to world agriculture has been to achieve a balance between demand for and supply of food. At the level of individual countries, the demand-supply balance can be a critical issue for a closed economy, especially if it is a populous economy and its domestic agriculture is not growing sufficiently enough to ensure food supplies, on an enduring basis; it is not so much and not always, of a constraint for an open, and growing economy, which has adequate exchange surplus to buy food abroad. For the world as a whole, supply-demand balance is always an inescapable prerequisite for warding off hunger and starvation. However, global availability of adequate supply does not necessarily mean that food would automatically move from countries of surplus to of deficit if the latter lack in purchasing power. The uneven distribution of hunger, starvation, under or mal-nourishment, etc., at the world-level, thus owes itself to the presence of empty-pock hungry mouths, overwhelmingly confined to the underdeveloped economies. In as much as ‘a two-square meal’ is of elemental significance to basic human existence, the issue of worldwide supply of food has been gaining significance, in recent times, both because the quantum and the composition of demand has been undergoing big changes, and because, in recent years, the capabilities of individual countries to generate uninterrupted chain of food supplies have come under strain. Food production, marketing and prices, especially price-affordability by the poor in the developing world, have become global issues that need global thinking and global solutions.Q. A and B walk around a circular park. They start at 8 a.m. from the same point in the opposite directions. A and B walk at a speed of 2 rounds per hour and 3 rounds per hour respectively. How many times shall they cross each other after 8 00 a.m. and before 9.30. a.m.?

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Historically, the biggest Challenge to world agriculture has been to achieve a balance between demand for and supply of food. At the level of individual countries, the demand-supply balance can be a critical issue for a closed economy, especially if it is a populous economy and its domestic agriculture is not growing sufficiently enough to ensure food supplies, on an enduring basis; it is not so much and not always, of a constraint for an open, and growing economy, which has adequate exchange surplus to buy food abroad. For the world as a whole, supply-demand balance is always an inescapable prerequisite for warding off hunger and starvation. However, global availability of adequate supply does not necessarily mean that food would automatically move from countries of surplus to of deficit if the latter lack in purchasing power. The uneven distribution of hunger, starvation, under or mal-nourishment, etc., at the world-level, thus owes itself to the presence of empty-pock hungry mouths, overwhelmingly confined to the underdeveloped economies. In as much as ‘a two-square meal’ is of elemental significance to basic human existence, the issue of worldwide supply of food has been gaining significance, in recent times, both because the quantum and the composition of demand has been undergoing big changes, and because, in recent years, the capabilities of individual countries to generate uninterrupted chain of food supplies have come under strain. Food production, marketing and prices, especially price-affordability by the poor in the developing world, have become global issues that need global thinking and global solutions.Q. In a class of 60 students, where the number of girls is twice that of boys, Kamal, a boy, ranked seventeenth from the top. If there are 9 girls ahead of Kamal, the number of boys in rank after him is

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Deficient demand is a situation whena)individual demand is greater than individual supplyb)Market demand is less than market supplyc)Market demand is greater than market supplyd)Market demand is equal to market supplyCorrect answer is option 'B'. Can you explain this answer?

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