If the quantity demanded of a good is 100 units and the quantity supplied is 50 units, then the equilibrium quantity will be larger than 100 units

The production possibilities frontier

A) depicts the boundary between those combinations of goods and services that can be produced and those that cannot given resources and the current state of technology. B) shows how many goods and services are consumed by each person in a country. C) is a model that assumes there is no scarcity and no opportunity cost. D) is a graph with price on the vertical axis and income on the horizontal axis.

____ occurs when a consumer's quantity demanded for a good decreases because a ____ number of consumers purchase the same good

a. A negative network externality; greater b. A positive network externality; greater c. Bandwagon effect; fewer d. A positive network externality; fewer