Which of the following best illustrates "discrepancies of quantity"?
A) Michelin makes tires, but most consumers also want a large selection of car-care services.
B) Some stores sell large quantities of Michelin tires, but only small quantities of tires made by other companies.
C) There are over 309 million consumers in the U.S. but only a small portion buy tires in any given year.
D) Four firms make over 90 percent of all the tires sold in the United States.
E) Michelin made millions of tires last year--but most customers bought only one set.

Question

Quizplus · Accepted Answer

Discrepancies of quantity refer to situations where there is a significant difference between the quantity produced and the quantity purchased. Option E illustrates this concept because Michelin made millions of tires, but most customers only bought one set, leading to a discrepancy of quantity. Options A, B, C, and D do not specifically address discrepancies of quantity.

Which of the Following Best Illustrates "Discrepancies of Quantity