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Author Question: Which of the following is NOT a potential result of a price floor? A) excess supply B) price ... (Read 31 times)

magmichele12

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on: Jul 1, 2018
Which of the following is NOT a potential result of a price floor?
 
  A) excess supply
  B) price greater than free-market equilibrium price
  C) Lower quality inputs are used, which increases marginal cost.
  D) All of the above.

Question 2

If a city government enacts a maximum price on rent,
 
  A) quantity supplied will decrease.
  B) quantity demanded will increase.
  C) allocational problems develop.
  D) All of the above.
Microeconomics ¦ Perloff ¦ 8th Edition
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HandsomeMarc

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Reply #1 on: Jul 1, 2018
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.
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magmichele12

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

diana chang

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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