The supply curve shows

a. the same basic information as the demand curve.
b. who will have an opportunity to produce or purchase an item.
c. the quantity produced as a function of the price.
d. plots of what quantities have been sold over the past few weeks or months.

c

Economics

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Denise values a stainless steel dishwasher for her new house at $500, but she succeeds in buying one for $350 . Denise's consumer surplus is

a. $150. b. $350. c. $500. d. $850.

Economics

A failure in coordination between workers and employers is most likely to cause an expansionary gap.

a. true b. false

Economics