In some markets, ________ act to adjust the price to bring the market into equilibrium

If the demand and supply curves are described by the following equations P = a - bQ and P = c + dQ, respectively, the equilibrium price is P* = (ad + bc) / (b + d)

Indicate whether the statement is true or false

The finite nature of the economy's resource base:

a. will be solved if only we would learn to conserve. b. is only a problem in developing countries. c. will be solved as technology advances. d. will always be with us.