In a market system, the ultimate decision about what to produce is left to

If two variables B and V are positively correlated, B ________ when V ________

A) goes up; goes down B) goes up; goes up C) goes down; goes up D) remains unchanged; goes up

On a supply-and-demand diagram, consider a price for which the horizontal distance to the supply curve exceeds the horizontal distance to the demand curve. There is a __________ at that price and the current price must be __________ the equilibrium price

A) shortage; above B) shortage; below C) surplus; above D) surplus; below