« previous next »

Author Question: Price floors typically improve market efficiency. a. True b. False Indicate whether the statement ... (Read 83 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
on: Jun 30, 2018
Price floors typically improve market efficiency.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Assume a price floor is set above the equilibrium price. The result is a surplus.
 a. True
  b. False
  Indicate whether the statement is true or false


ladyjames123

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Many types of edible fungi are grown for the market. Many types of edible fungi are grown for the market.
The Sun in false-color ultraviolet image The Sun in false-color ultraviolet image
Short, Upbeat Massage Sessions can Improve Mental Alertness. Short, Upbeat Massage Sessions can Improve Mental Alertness.
Hydroelectric power: 2013 Global Market Hydroelectric power: 2013 Global Market
Running is a great way to improve cardiorespiratory endurance Running is a great way to improve cardiorespiratory endurance
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Video: Non-polar compounds - insolubility

For a complete list of videos, visit our video library