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

Author Question: If the price of carrots is below the equilibrium price, the A) quantity supplied of carrots ... (Read 931 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaquita

  • Sr. Member
  • ****
  • Posts: 324
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.
Answer Preview
Only 56% of students answer this correctly




jasdeep_brar

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Excellent

 

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

For a complete list of videos, visit our video library