If planned spending exceeds planned output in an economy, the result is a(n)

What will be an ideal response?

unintended decrease in inventories

Economics

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In the above figure, between x = 2 and x = 3, what is the slope of the line?

A) 1 B) -1 C) 2 D) 3

Economics

Which of the following is NOT a precondition for price discrimination?

A) The product cannot be resold to another customer. B) The price elasticities of demand are different for each group of consumers. C) The product is a durable good. D) The seller must have some market power.

Economics