[Answered] In economics, the term surplus means an excess quantity supplied. a. True b. False Indicate ...

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Author Question: In economics, the term surplus means an excess quantity supplied. a. True b. False Indicate ... (Read 98 times)

imanialler

Hero Member
Posts: 539

on: Jun 30, 2018

In economics, the term surplus means an excess quantity supplied.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Surpluses cause prices to fall while shortages cause prices to rise.
a. True
b. False
Indicate whether the statement is true or false

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alexisweber49

Sr. Member
Posts: 311

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

True

imanialler

Hero Member
Posts: 539

Reply #2 on: Jun 30, 2018

Thank you

alexisweber49

Sr. Member
Posts: 311

Reply #3 on: Jun 30, 2018

Happy to help you

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