For the quantity exchanged in a market to remain the same, while the price increased, both supply and demand would have to shift to the right
a. True
b. False
Indicate whether the statement is true or false
False
Economics
You might also like to view...
The economic costs of forming a currency union will be lower whenever:
A) labor market integration is lower. B) labor market integration is higher. C) labor markets are not integrated. D) wage rigidities are present.
Economics
When marginal utility is positive, then total utility is
a. negative b. decreasing c. zero d. increasing e. infinite
Economics