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Author Question: In a market, the rationing function of prices results in A) long queues or waiting lines. B) a ... (Read 116 times)

Beheh

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on: Jun 29, 2018
In a market, the rationing function of prices results in
 
  A) long queues or waiting lines.
  B) a price ceiling.
  C) equilibrium.
  D) a shortage or surplus.

Question 2

Which of the following factors will lead to a shift in the demand curve?
 
  A) changes in the costs of inputs
  B) changes in technology
  C) changes in the price of the good
  D) changes in consumers' tastes and preferences


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jordangronback

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

C

Answer to Question 2

D


Beheh

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

nanny

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Reply 3 on: Yesterday
:D TYSM

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