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Author Question: If the price of carrots is below the equilibrium price, the A) quantity supplied of carrots ... (Read 913 times)

jasdeep_brar

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on: Jun 29, 2018
If the price of carrots is below the equilibrium price, the
 
  A) quantity supplied of carrots exceeds the quantity demanded, and a shortage exists.
  B) quantity demanded of carrots exceeds the quantity supplied, and a shortage exists.
  C) quantity demanded of carrots exceeds the quantity supplied, and a surplus exists.
  D) quantity supplied of carrots equals the quantity demanded.
  E) quantity supplied of carrots exceeds the quantity demanded, and a surplus exists.

Question 2

If the costs of production increase, there is
 
  A) a decrease in aggregate supply and the AS curve shifts rightward.
  B) a decrease in the quantity of real GDP supplied and a movement down along the AS curve.
  C) a decrease in aggregate supply and the AS curve shifts leftward.
  D) an increase in the quantity of real GDP supplied and a movement up along the AS curve.
  E) an increase in aggregate supply and the AS curve shifts rightward.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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shaquita

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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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jasdeep_brar

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

lkanara2

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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