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Author Question: A surplus occurs when the quantity of a good supplied at the existing price is greater than the ... (Read 108 times)

berenicecastro

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on: Jun 29, 2018
A surplus occurs when the quantity of a good supplied at the existing price is greater than the quantity demanded.
 
  Indicate whether the statement is true or false

Question 2

A newspaper printing press is an example of
 
  A) a capital good.
  B) a factor of production.
  C) something that influences labor productivity.
  D) a good that was once an output of the production process.
  E) All of the above are correct.


rleezy04

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

TRUE

Answer to Question 2

E


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