Janet is very upset that she can't get tickets to the Rolling Stones concert because they are sold out. Which of the following demand states applies to Janet's situation?
A) nonexistent demand
B) latent demand
C) full demand
D) unwholesome demand
E) overfull demand

Question

Quizplus · Accepted Answer

Overfull demand occurs when the demand for a product exceeds the supply, as in Janet's situation where the tickets for the Rolling Stones concert are sold out.

Janet Is Very Upset That She Can't Get Tickets to the Rolling