« previous next »

Author Question: A surplus occurs when the quantity of a good supplied at the existing price is greater than the ... (Read 68 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
on: Jun 29, 2018
A surplus occurs when the quantity of a good supplied at the existing price is greater than the quantity demanded.
 
  Indicate whether the statement is true or false

Question 2

A newspaper printing press is an example of
 
  A) a capital good.
  B) a factor of production.
  C) something that influences labor productivity.
  D) a good that was once an output of the production process.
  E) All of the above are correct.


rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Alan Price - Poor People Alan Price - Poor People
The more air and fuel that can be packed in a cylinder, the greater the density of the air–fuel ... The more air and fuel that can be packed in a cylinder, the greater the density of the air–fuel ...
DOT placarding requirements: Table 1 materials must be placarded in any quantity, and Table 2 ... DOT placarding requirements: Table 1 materials must be placarded in any quantity, and Table 2 ...
potatoes as a very good source of vitamin B6 potatoes as a very good source of vitamin B6
Older Adults Benefit from Good Nutrition and Physical Activity Older adults Older Adults Benefit from Good Nutrition and Physical Activity Older adults
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Role of the urinary system - acidosis and alkalosis

For a complete list of videos, visit our video library