The law of supply includes the statement "other things being equal." These other things include all of the following EXCEPT

A) resource prices.
B) technology.
C) producers' expectations.
D) consumer's income.

D

Economics

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To draw your budget line between steak and lobster, all you need to know is your income

Indicate whether the statement is true or false

Economics

In an economy with ________, there are more prices than in an economy with ________

A) barter; money B) fiat money; commodity money C) fiat money; barter D) money; barter

Economics