All of the following are shown on a firm's income statement ...

[jrubin]

All of the following are shown on a firm's income statement except
 
  A) revenues B) rate of return for investors
  C) costs D) profits

Question 2

If the demand curve for a product shifts to the right and the supply curve for the product shifts to the left, equilibrium price and equilibrium quantity will both increase.
 
  Indicate whether the statement is true or false

[welcom1000]

Answer to Question 1

B

Answer to Question 2

FALSE