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

Author Question: By definition, economics is the study of A) how to make money in a market economy. B) the ... (Read 85 times)

bobypop

  • Hero Member
  • *****
  • Posts: 539
on: Jun 29, 2018
By definition, economics is the study of
 
  A) how to make money in a market economy.
  B) the choices people make to attain their goals, given their scarce resources.
  C) how to make money in the stock market.
  D) supply and demand.

Question 2

Explain what is meant by excess demand or s shortage.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bubulittle310@msn.cn

  • Sr. Member
  • ****
  • Posts: 281
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

The condition that exists when quantity demanded exceeds quantity supplied at the current price.


bobypop

  • Member
  • Posts: 539
Reply 2 on: Jun 29, 2018
Gracias!

ktidd

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

U.S. Study on Identity Achievement With age, more young people are classified in identity achieveme U.S. Study on Identity Achievement With age, more young people are classified in identity achieveme
Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ... Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ...
Should Parents Make Their Own Baby Food? Should Parents Make Their Own Baby Food?
How to make pancakes How to make pancakes
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
A field study of guppy life history evolution. A field study of guppy life history evolution.
Video: Autonomic Nervous System Animation

For a complete list of videos, visit our video library