The current price of blue jeans is $30 per pair, but the equilibrium price of blue jeans is $25 per pair. As a result,
a. the quantity supplied of blue jeans exceeds the quantity demanded of blue jeans at the $30 price.
b. the equilibrium quantity of blue jeans exceeds the quantity demanded at the $30 price.
c. there is a surplus of blue jeans at the $30 price.
d. All of the above are correct.
d
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When interpreting the Ed value as either elastic or inelastic, we look at the
A. percent change in price. B. Ed coefficient with its negative sign. C. absolute value of the Ed coefficient (dropping the negative sign). D. percent change in quantity.
The certainty equivalent of a gamble is negative when tastes are risk loving.
Answer the following statement true (T) or false (F)
The production possibility table below is for growing broccoli and asparagus in a 320-square-foot garden in one season.Production PossibilityBroccoliAsparagus30020181026030 
Which curve on the graph on the right corresponds to this table?
A. I B. II C. III D. IV
To be counted as unemployed, ________.
A. you must not have a job B. you must be receiving unemployment benefits C. you must not have a job, but have actively looked for a job in the last four weeks D. you must either not have a job or be a part-time worker