Excess demand results in a surplus.

« previous next »

Author Question: Excess demand results in a surplus. (Read 53 times)

JGIBBSON

Hero Member
Posts: 538

on: Apr 19, 2019

Excess demand results in a surplus.

◦ true
◦ false

Principles of Economics ¦ Case, Fair, Oster ¦ 12^th Edition

Buy Test-Bank

Viet Thy

Sr. Member
Posts: 329

Reply #1 on: Apr 19, 2019

false

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.