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Author Question: A cost borne not by the producer but by other people is called ________ cost. A) an unregulated ... (Read 61 times)

stephzh

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on: Jun 29, 2018
A cost borne not by the producer but by other people is called ________ cost.
 
  A) an unregulated
  B) an external
  C) a consumer
  D) a non-production

Question 2

If the quantity supplied exceeds the quantity demanded, then there is
 
  A) a shortage and the price is below the equilibrium price.
  B) a shortage and the price is above the equilibrium price.
  C) a surplus and the price is below the equilibrium price.
  D) a surplus and the price is above the equilibrium price.


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TINA

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


stephzh

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

bimper21

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

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