This topic contains a solution. Click here to go to the answer

Author Question: If the price of carrots is below the equilibrium price, the A) quantity supplied of carrots ... (Read 155 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
If the price of carrots is below the equilibrium price, the
 
  A) quantity supplied of carrots exceeds the quantity demanded, and a shortage exists.
  B) quantity demanded of carrots exceeds the quantity supplied, and a shortage exists.
  C) quantity demanded of carrots exceeds the quantity supplied, and a surplus exists.
  D) quantity supplied of carrots equals the quantity demanded.
  E) quantity supplied of carrots exceeds the quantity demanded, and a surplus exists.

Question 2

If the costs of production increase, there is
 
  A) a decrease in aggregate supply and the AS curve shifts rightward.
  B) a decrease in the quantity of real GDP supplied and a movement down along the AS curve.
  C) a decrease in aggregate supply and the AS curve shifts leftward.
  D) an increase in the quantity of real GDP supplied and a movement up along the AS curve.
  E) an increase in aggregate supply and the AS curve shifts rightward.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaquita

  • Sr. Member
  • ****
  • Posts: 324
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly




jasdeep_brar

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Wow, this really help


raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

For a complete list of videos, visit our video library