When a market is in disequilibrium, such as when the quantity supplied of a good is greater than the quantity demanded of that good, the price of the good will rise, ceteris paribus

Indicate whether the statement is true or false

False

Economics

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The above figure depicts the market for video games. If the government imposed a $3 per game tax on sellers, what would be tax revenue?

A) less than $18 B) $18 C) more than $18 D) More information is needed to determine if the tax revenue is more than, less than, or equal to $18.

Economics

A prisoner's dilemma is

A) stable. B) the best equilibrium possible. C) inefficient. D) efficient.

Economics