Author Question: Which of the following will hold true if the market for cameras is in equilibrium at a price of 40? ... (Read 72 times)

mia

  • Hero Member
  • *****
  • Posts: 564
Which of the following will hold true if the market for cameras is in equilibrium at a price of 40?
 
  A) The quantity of cameras produced will equal the quantity of cameras bought in the market.
  B) Sellers of cameras will have an incentive to charge a price higher than 40.
  C) Buyers of cameras will want to buy fewer cameras than they are purchasing at equilibrium.
  D) If the cost of producing cameras falls below 40 per camera, all sellers will stop supplying cameras.

Question 2

Tax policy conducted for the purpose of achieving full employment, price stability, or economic growth is an example of
 
  A) discretionary fiscal policy. B) interest-rate policy.
  C) monetary policy. D) exchange-rate policy.


nekcihc358

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

For a complete list of videos, visit our video library