In the above figure, the production of 75 ukuleles and 75 guitars is
A) efficient production.
B) inefficient production.
C) impossible production.
D) full employment production.
C
Economics
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Greater availability of lower-cost drugs will tend to shift the ________ curve for medical services to the ________
A) demand; right B) supply; left C) supply; right D) demand; left
Economics
If the government legislates a price ceiling that is above the equilibrium price
A. a shortage will develop. B. some non-price method of rationing will develop. C. market price and quantity sold will be unaffected. D. a surplus will develop.
Economics