Who is "selling short"?
A) The grocer who sells a pound of apples today at a slashed price of 75 cents a peck
B) The airline requiring you to pay for your ticket two weeks in advance of the flight
C) The church that provides a free Thanksgiving dinner to the poor
D) All of the above.
B
Economics
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To Keynesians, a vertical aggregate supply curve
A) is nonsensical. B) holds in the short run but not the long run. C) holds in the long run but not the short run. D) will only be encountered at the full-capacity output of the economy.
Economics
Refer to the figure below. The equilibrium price is ________, and the equilibrium quantity is ________.
A. $30; 15 B. $35; 20 C. $25; 5 D. $25; 20
Economics