This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: At the equilibrium price for gasoline: a. everyone with the desire and the income to buy gasoline ... (Read 71 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
on: Jun 30, 2018
At the equilibrium price for gasoline:
 a. everyone with the desire and the income to buy gasoline at that price can do so.
  b. surpluses are inevitable.
 c. quantity demanded exceeds the quantity supplied.
 d. none of the above

Question 2

Marginal propensity to save is equal to the change in ____ divided by the change in ____.
 a. consumption spending; total income
 b. saving; total income
 c. saving; disposable income
 d. consumption spending; disposable income


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Moriaki

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


sabina

  • Member
  • Posts: 563
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Women who are 65 and older have a lower median income from all sources than men in the same age ... Women who are 65 and older have a lower median income from all sources than men in the same age ...
There may become a driveability issue because the gasoline direct-injection injector is exposed to ... There may become a driveability issue because the gasoline direct-injection injector is exposed to ...
Ten Leading Causes of Death in High-Income Countries, 2008 Ten Leading Causes of Death in High-Income Countries, 2008
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Hardy–Weinberg Equilibrium Genotype Frequencies for Three Alleles of a Gene Hardy–Weinberg Equilibrium Genotype Frequencies for Three Alleles of a Gene
Video: Chemical Equilibrium between N2O4 (colorless gas) and NO2 (brown gas)

For a complete list of videos, visit our video library