A surplus exists in a market if
a. there is an excess demand for the good.
b. quantity demanded exceeds quantity supplied.
c. the current price is above its equilibrium price.
d. All of the above are correct.
c
Economics
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The theory that stock prices reflect all available information and that the future movement of stock prices is unpredictable is called the
a. random walk theory. b. inefficient market theory. c. technical analysis theory. d. charting theory.
Economics
Demand for a factor can shift for all of the following reasons except?
A. Change in demand for the final product B. Change in the factor's price C. Change in the price of other factors D. Change in technology
Economics