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Author Question: By definition, economics is the study of A) how to make money in a market economy. B) the ... (Read 90 times)

bobypop

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on: Jun 29, 2018
By definition, economics is the study of
 
  A) how to make money in a market economy.
  B) the choices people make to attain their goals, given their scarce resources.
  C) how to make money in the stock market.
  D) supply and demand.

Question 2

Explain what is meant by excess demand or s shortage.
 
  What will be an ideal response?


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bubulittle310@msn.cn

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

B

Answer to Question 2

The condition that exists when quantity demanded exceeds quantity supplied at the current price.


bobypop

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

Alyson.hiatt@yahoo.com

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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