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 930 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
:D TYSM


miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

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?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

For a complete list of videos, visit our video library