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Author Question: Surpluses cause prices to rise while shortages cause prices to fall. a. True b. False Indicate ... (Read 220 times)

yoroshambo

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on: Jun 30, 2018
Surpluses cause prices to rise while shortages cause prices to fall.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A surplus in a market exists when there is an excess quantity demanded.
 a. True
  b. False
  Indicate whether the statement is true or false


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Jsherida

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

False


yoroshambo

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

LVPMS

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  • Posts: 323
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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