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Author Question: In a market, the rationing function of prices results in A) long queues or waiting lines. B) a ... (Read 79 times)

Beheh

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on: Jun 29, 2018
In a market, the rationing function of prices results in
 
  A) long queues or waiting lines.
  B) a price ceiling.
  C) equilibrium.
  D) a shortage or surplus.

Question 2

Which of the following factors will lead to a shift in the demand curve?
 
  A) changes in the costs of inputs
  B) changes in technology
  C) changes in the price of the good
  D) changes in consumers' tastes and preferences


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jordangronback

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


Beheh

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  • Posts: 520
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

carlsona147

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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