Author Question: In the above figure, a shortage could be caused by a government price ceiling set at A) 1.00. B) ... (Read 34 times)

mia · **on:** Jun 29, 2018

In the above figure, a shortage could be caused by a government price ceiling set at

A) 1.00.
B) 2.00.
C) 2.50.
D) 3.00.

Question 2

Normative economic analysis tends to

A) generate testable hypotheses.
B) include the way someone thinks things should be or ought to be.
C) involve descriptive statements.
D) lead to empirical testing of data.