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

Author Question: If a legal ceiling price causes the quantity of a good demanded to be greater than the quantity ... (Read 98 times)

bucstennis@aim.com

  • Hero Member
  • *****
  • Posts: 532
If a legal ceiling price causes the quantity of a good demanded to be greater than the quantity supplied
 
  A) competition among both buyers and sellers is prevented.
  B) competition among buyers is prevented.
  C) competition among sellers is prevented.
  D) competition among buyers will raise the nonmonetary costs of obtaining the good.

Question 2

If the government drafts people into the armed forces rather than persuading them to volunteer
 
  A) it conceals in part the cost to its citizens of obtaining military personnel.
  B) it employs a nondiscriminatory system because everyone drafted incurs the same cost and can be paid the same wage.
  C) it must pay higher wages since many people resent the draft.
  D) it reduces the cost to the nation as a whole of obtaining military personnel.
  E) it tends to obtain people with the lowest opportunity costs.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chocorrol77

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

D

Answer to Question 2

A




bucstennis@aim.com

  • Member
  • Posts: 532
Reply 2 on: Jun 29, 2018
Gracias!


lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Wow, this really help

 

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?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

For a complete list of videos, visit our video library