This topic contains a solution. Click here to go to the answer

Author Question: If the price of a video rental is below its equilibrium price, there will be a ________ of video ... (Read 48 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
If the price of a video rental is below its equilibrium price, there will be a ________ of video rentals and the price will ________.
 
  A) shortage; rise
  B) shortage; fall
  C) surplus; rise
  D) surplus; fall

Question 2

The above figure depicts an economy
 
  A) with an inflationary gap.
  B) with a recessionary gap.
  C) producing at full employment.
  D) None of the above answers is correct.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

prumorgan

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

A

Answer to Question 2

A




biggirl4568

  • Member
  • Posts: 551
Reply 2 on: Jun 29, 2018
:D TYSM


T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

For a complete list of videos, visit our video library