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

Author Question: In economics, the term surplus means an excess quantity supplied. a. True b. False Indicate ... (Read 94 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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

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


« previous next »
 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Surface magnetic field of SU Aur (a young star of T Tauri type), reconstructed by means of Zeeman-Do Surface magnetic field of SU Aur (a young star of T Tauri type), reconstructed by means of Zeeman-Do
A full-term pregnancy. Image illustrates position of the fetus and the structures associated with pr A full-term pregnancy. Image illustrates position of the fetus and the structures associated with pr
Bipolar disease. The term bipolar means “pertaining to two poles.” The individual with this form of Bipolar disease. The term bipolar means “pertaining to two poles.” The individual with this form of
Which is TRUE about the alternation of generations cycle that is diagramed above? Which is TRUE about the alternation of generations cycle that is diagramed above?
How to evaluate the imaginary term i at any exponent i^n How to evaluate the imaginary term i at any exponent i^n
The oceans have absorbed 90% of excess energy The oceans have absorbed 90% of excess energy
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library