« previous next »

Author Question: A price ceiling set below the equilibrium price causes a shortage in the market. a. True b. False ... (Read 150 times)

penza

  • Hero Member
  • *****
  • Posts: 1,022
on: Jun 30, 2018
A price ceiling set below the equilibrium price causes a shortage in the market.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Among the following MPC values, which one would have the highest multiplier effect?
 a. 1/3
  b. 2/3
  c. 3/4
  d. 2/5


softEldritch

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Many types of edible fungi are grown for the market. Many types of edible fungi are grown for the market.
Apparent and True Orbits of Alpha Centauri. Apparent and True Orbits of Alpha Centauri.
Early in the twentieth century, when malnutrition was common, companies such as this one advertised Early in the twentieth century, when malnutrition was common, companies such as this one advertised
The human X chromosome (left) and the Y chromosome (right). This false-color scanning electron micro The human X chromosome (left) and the Y chromosome (right). This false-color scanning electron micro
One generation of random mating produces Hardy–Weinberg equilibrium One generation of random mating produces Hardy–Weinberg equilibrium
Video: Role of ATP in muscle movement

For a complete list of videos, visit our video library