Pieces of property that serve as a store of value are called

A) assets.
B) units of account.
C) liabilities.
D) borrowings.

A

Economics

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Explain what it means to have a mixed-strategy equilibrium in a zero-sum game. What happens if a player deviates from this mixed-strategy equilibrium?

What will be an ideal response?

Economics

The difference between the total amount that producers would have been willing to accept for the total quantity produced in a market and what they actually received at the market clearing price is called

A) production excess. B) excess demand. C) market surplus. D) producer surplus.

Economics