Author Question: Excess supply of a product exerts ___________pressure on prices a. Zero b. No c. Upward d. ... (Read 158 times)

Mimi

  • Hero Member
  • *****
  • Posts: 542
Excess supply of a product exerts ___________pressure on prices
 a. Zero
 b. No
 c. Upward
 d. Downward

Question 2

You are considering buying a store. The storeowner gives you an estimate of the net profits of the store on a typical day. The owner has most likely given you the figures for the day when
 a. Sales are low, costs are high
  b. Sales are very close to costs
  c. Sales are high, costs are low
  d. All of the above



wuly

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

For a complete list of videos, visit our video library