« previous next »

Author Question: Price ceilings cause a. Some suppliers to drop out of the market as they cannot charge the price ... (Read 52 times)

Jramos095

  • Hero Member
  • *****
  • Posts: 528
on: Jul 1, 2018
Price ceilings cause
 a. Some suppliers to drop out of the market as they cannot charge the price they were earlier charging
  b. A reduction in the quality of the product
  c. The creation of black markets
  d. All the above

Question 2

When interest rates fall, people are
 a. More likely to borrow
 b. Less likely to borrow
 c. Not likely to change borrowing patterns
  d. None of the above


jomama

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Mosaic of Charge-Coupled Devices (CCDs) Mosaic of Charge-Coupled Devices (CCDs)
Electrical charge of the inner and outer regions of nerve cells Electrical charge of the inner and outer regions of nerve cells
Doty's data show a very rapid drop in late adulthood in the ability to identify smells Doty's data show a very rapid drop in late adulthood in the ability to identify smells
The charge for telephone calls T is partly constant and partly varies with the number N of ... The charge for telephone calls T is partly constant and partly varies with the number N of ...
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: Renal Failure

For a complete list of videos, visit our video library