« previous next »

Author Question: A surplus of shoes will cause a. a decrease in the supply of shoes b. a decrease in the demand for ... (Read 113 times)

dbose

  • Hero Member
  • *****
  • Posts: 597
on: Jul 1, 2018
A surplus of shoes will cause
 a. a decrease in the supply of shoes
  b. a decrease in the demand for shoes
  c. both a decrease in the supply of shoes and an increase in the demand for shoes
  d. a decrease in the price of shoes, through a shift of either the supply curve or the demand curve
  e. a decrease in the price of shoes

Question 2

A surplus of wheat
 a. is impossible if people are hungry
  b. is impossible if the price of wheat is below equilibrium
  c. will result in an increase the price of wheat
  d. is unlikely to result in any change in the price of wheat
  e. indicates that the problem of scarcity of wheat has been solved


ebonylittles

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jul 1, 2018
Answer to Question 1

E

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

The role of the liver in fuel supply to the blood. The role of the liver in fuel supply to the blood.
Water potentials decrease (become more negative) as one moves from soil to plant to atmosphere Water potentials decrease (become more negative) as one moves from soil to plant to atmosphere
Visual aids, such as proper walking shoes and a pedometer, or an illustration showing someone ... Visual aids, such as proper walking shoes and a pedometer, or an illustration showing someone ...
The growth in demand for energy use is met by burning fossil fuels The growth in demand for energy use is met by burning fossil fuels
Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012 Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012
Francis Morocco shoes Francis Morocco shoes
Video: Prone Position

For a complete list of videos, visit our video library