Author Question: A surplus occurs when the quantity of a good supplied at the existing price is greater than the ... (Read 63 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
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
Answer to Question 1

TRUE

Answer to Question 2

E



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

For a complete list of videos, visit our video library