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Author Question: If the demand for a product decreases and the supply of the product does not change, equilibrium ... (Read 40 times)

swpotter12

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on: Jun 29, 2018
If the demand for a product decreases and the supply of the product does not change, equilibrium price and equilibrium quantity will both increase.
 
  Indicate whether the statement is true or false

Question 2

All of the following would be considered explicit costs of operating a business except
 
  A) the rental value of equipment the company owns and uses for its own production.
  B) advertising expenses.
  C) utility expenses.
  D) the cost of raw materials used in production.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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wuly

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Reply #1 on: Jun 29, 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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swpotter12

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

aliotak

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

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