Based on the laws of supply and demand, which situation would lead to a shortage? a) consumers are unwilling to pay for the product. b) businesses are unwilling to reduce the inventory. c) the price of a product falls below the equilibrium price. d) the price of a product rises above the equilibrium price.
Answers: 1
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Geography, 22.06.2019 15:10, ejsteel2
Jessica finds out that the government introduced a new trade policy that will increase import tariffs. she calls for a meeting of all of the company'sdepartment heads to address this issue, since the new tariffs may increase the company's production costs. what is the purpose of this meeting? o a. operationsb. financec. strategic planningod. marketing
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Geography, 23.06.2019 16:30, lillypierre8796
Which barrier to economic development is shown in the following examples? i. the high rate of hiv infection in underdeveloped nations ii. the use of children as soldiers in uganda’s army in the early 2000s iii. low literacy rates in underdeveloped nations with limited exposure to adequate education a. foreign debt b. political instability c. widespread disease d. low levels of social welfare
Answers: 3
Based on the laws of supply and demand, which situation would lead to a shortage? a) consumers are...
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