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

Author Question: Once an equilibrium is achieved, it can persist indefinitely because A) shocks that shift the ... (Read 32 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
on: Jul 1, 2018
Once an equilibrium is achieved, it can persist indefinitely because
 
  A) shocks that shift the demand curve or the supply curve cannot occur.
  B) shocks to the demand curve are always exactly offset by shocks to the supply curve.
  C) the government never intervenes in markets at equilibrium.
  D) in the absence of supply/demand shocks no one applies pressure to change the price.

Question 2

Equilibrium is defined as a situation in which
 
  A) neither buyers nor sellers want to change their behavior.
  B) no government regulations exist.
  C) demand curves are perfectly horizontal.
  D) suppliers will supply any amount that buyers wish to buy.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bobsmith

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 59% of students answer this correctly


LCritchfi

  • Member
  • Posts: 519
Reply 2 on: Jul 1, 2018
Gracias!

miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

CT scan of the head shows a massive bleed with a midline shift. CT scan of the head shows a massive bleed with a midline shift.
Shift to one side. Let the recipient’s arm hang down. Knead upper and lower arm muscles from ... Shift to one side. Let the recipient’s arm hang down. Knead upper and lower arm muscles from ...
How to vertically shift a sinusoidal function (y=a*sin⁡b(x−c)+d) How to vertically shift a sinusoidal function (y=a*sin⁡b(x−c)+d)
What will be the pH of the solution once equilibrium is established? What will be the pH of the solution once equilibrium is established?
The Hardy–Weinberg Equilibrium The Hardy–Weinberg Equilibrium
Hardy–Weinberg Equilibrium Genotype Frequencies for Three Alleles of a Gene Hardy–Weinberg Equilibrium Genotype Frequencies for Three Alleles of a Gene
Video: Methods of carbon dioxide transport - carbaminohemoglobin and bicarbonate ions

For a complete list of videos, visit our video library