The difference between the existing stock of space and the equilibrium occupancy is known as:

Question

Quizplus · Accepted Answer

The difference between the existing stock of space and the equilibrium occupancy is known as "vacancy". This refers to the amount of unoccupied space in the market or the difference between the supply and demand for space. If the vacancy rate is high, it indicates an oversupply of space, while a low vacancy rate indicates a shortage of space. Therefore, the correct answer is D, which is vacancy.

The Difference Between the Existing Stock of Space and the Equilibrium