This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When the government sets a price floor which is above the equilibrium price A) a surplus will ... (Read 119 times)

lindiwe

  • Hero Member
  • *****
  • Posts: 577
on: Jun 29, 2018
When the government sets a price floor which is above the equilibrium price
 
  A) a surplus will develop.
  B) a shortage will develop.
  C) the equilibrium price will be maintained.
  D) a price ceiling will follow.

Question 2

The U.S. antitrust laws
 
  A) aid monopolies in their quest to dominate the market for a good or service.
  B) are outdated and rarely used anymore.
  C) promote competition.
  D) are administered by the Department of Commerce.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ryhom

  • Sr. Member
  • ****
  • Posts: 366
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


lindiwe

  • Member
  • Posts: 577
Reply 2 on: Jun 29, 2018
:D TYSM

upturnedfurball

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Scaling the Earth down to the size of a basketball, the Moon is roughly the size of a tennis ball. T Scaling the Earth down to the size of a basketball, the Moon is roughly the size of a tennis ball. T
This graphic illustrates the original systems model of politics advanced by David Easton. Politics This graphic illustrates the original systems model of politics advanced by David Easton. Politics
Vapour-liquid equilibrium acetone + water Vapour-liquid equilibrium acetone + water
The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ... The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ...
Solve for the resultant vector for the following sets of vectors using any of the different ... Solve for the resultant vector for the following sets of vectors using any of the different ...
The Hardy–Weinberg equilibrium for two autosomal alleles. The Hardy–Weinberg equilibrium for two autosomal alleles.
Video: Glomerubular filtrate rate -pressures that affect GFR and net filtration pressure

For a complete list of videos, visit our video library