The supply schedule assumes that factors other than:
A. price remain the same.
B. price must change.
C. supply remain the same.
D. supply must change.
A. price remain the same.
You might also like to view...
Starting from long-run equilibrium, a large tax cut will result in a(n) ________ gap in the short-run and ________ inflation and ________ output in the long-run.
A. expansionary; higher; higher B. expansionary; higher; potential C. recessionary; higher; potential D. recessionary; lower; lower
In a competitive equilibrium, the total consumer surplus must equal the total producer surplus
Indicate whether the statement is true or false
In the Keynesian aggregate expenditure model, the 45-degree line indicates:
a. amounts households plan to spend at each possible level of income. b. amounts households plan to save at each possible level of income. c. all income levels at which the planned spending of decision makers equals total output. d. all income levels at which the marginal propensity to consume is one.
What antitrust rule was Apple and five of the nation's largest publishers accused of in April 2012?
a. predatory pricing b. per se illegal c. tying contract d. exclusive dealing