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Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Question List for "Principles of Economics"
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Economics
»
In a "black market," goods are traded at market determined prices.
Started by
jilianpiloj
114
Apr 19, 2019
Economics
»
Queuing, or waiting in line, is an alternative rationing mechanism to price rationing.
Started by
HudsonKB16
80
Apr 19, 2019
Economics
»
A shortage occurs when there is an excess supply in a market.
Started by
jeatrice
73
Apr 19, 2019
Economics
»
With price rationing, those who are both able and willing to pay for a product get it.
Started by
hubes95
76
Apr 19, 2019
Economics
»
When supply is fixed, price is supply determined.
Started by
Kthamas
76
Apr 19, 2019
Economics
»
Goods are allocated in a market system by price rationing.
Started by
ishan
68
Apr 19, 2019
Economics
»
Nonprice rationing will happen whenever there is excess supply in a market.
Started by
schs14
90
Apr 19, 2019
Economics
»
Related to the Economics in Practiceon p. 77: If the supply of generators decreased and the ...
Started by
TVarnum
50
Apr 19, 2019
Economics
»
Related to the Economics in Practiceon p. 81: The true cost of the Shakespeare in the Parktickets is
Started by
Alainaaa8
94
Apr 19, 2019
Economics
»
Related to the Economics in Practiceon p. 81: The initial price of $0 for the Shakespeare in the ...
Started by
Haya94
88
Apr 19, 2019
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