A price ceiling that is set above the equilibrium price
A) causes suppliers to raise their prices.
B) is binding.
C) is non-binding.
D) creates a shortage.
Question 2
A firm uses labor and capital in its production process, and it faces competitive markets for its inputs and output. The firm's long-run labor demand curve
A) intersects with the short-run labor demand curve in several points.
B) is exactly identical to its short-run labor demand curve.
C) is steeper than its short-run labor demand curve.
D) is flatter than its short-run labor demand curve.
A comparison of gradualism and punctuated equilibrium.
Wilson and Simberloff's experiments on the equilibrium model of biogeography.
Michelangelo, The Creation of Adam (restored), ceiling of the Sistine Chapel.
The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ...
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Hardy–Weinberg Equilibrium Genotype Frequencies for Three Alleles of a Gene