What would happen in the market for rice if its demand increased but the price was NOT allowed to change?

A) There would be a surplus of rice.
B) There would be a shortage of rice.
C) The supply of rice would increase.
D) The supply of rice would decrease.

Answer: B

Economics

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Car A gets 12 miles per gallon. Car B gets 30 miles per gallon. Which is the most economically efficient car?

A) Car A B) Car B C) They are equal in their economic efficiency. D) It is impossible to determine without more information.

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Developing new products and services as well as introducing new production methods are among the ways that ________ increases average labor productivity.

A. an entrepreneur B. physical capital C. a manager D. human capital

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