This topic contains a solution. Click here to go to the answer

Author Question: In a perfectly competitive market, situations of surplus or shortage of a good: A) exist till the ... (Read 65 times)

abern

  • Hero Member
  • *****
  • Posts: 533
In a perfectly competitive market, situations of surplus or shortage of a good:
 
  A) exist till the government or any ruling authority intervenes.
  B) are permanent phenomena.
  C) can exist simultaneously.
  D) are self-corrected due to the competitive nature of the market.

Question 2

All of the following will shift the consumption function EXCEPT
 
  A) a change in income.
  B) a change in wealth.
  C) a change in the rate of interest.
  D) a change in expectations concerning economic conditions.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emsimon14

  • Sr. Member
  • ****
  • Posts: 344
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly




abern

  • Member
  • Posts: 533
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

For a complete list of videos, visit our video library