In economics, the term "shortage" means that the quantity demanded is greater than the quantity supplied at the existing price
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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________ decreases a firm's capital stock, and ________ increases its capital stock
A) Saving; depreciation B) Depreciation; investment C) Time; depreciation D) Saving; investment E) Investment; saving
Economics
An indifference curve
A) connects a set of consumption bundles among which the consumer is indifferent. B) is only useful in analyzing apathetic consumers. C) connects a set of consumers who each have the same preferences. D) is only useful in microeconomics.
Economics