As we use more and more units of a resource, the MRP

Suppose the government imposes a price ceiling on gasoline that is less than the equilibrium price. As a result

A) the price of gasoline rises to the equilibrium price. B) there is incentive for buyers to undertake search activity. C) the supply of gasoline will increase and the supply curve will shift rightward. D) the demand for gasoline will decrease and the demand curve will shift leftward.

Since Poland joined the European Union in 2004, many young and educated Poles have emigrated to the United Kingdom. As a result, the labor supply curve in the United Kingdom shifts to the right and the equilibrium wage rises

Indicate whether the statement is true or false