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For a given increase in supply the slope of both demand curve and supply curve affect the change in equilibrium quantity Is this statement true or false Explain with diagrams?
For a given increase in supply the slope of both demand curve and supply curve affect the change in equilibrium quantity Is this statement true or false Explain with diagrams?
What statement about fiscal policy is not true?
It refers to the adjustment of an economy’s money supply by a central bank.
In order for a price decrease to increase revenue which of the following must be true A. Demand must be elastic B. Demand must be inelastic. C. Demand must be unit elastic D. Supply must be inelastic?
A)
Which statement is true about the Federal Reserve discount rate?
It influences bank behavior in order to control the money supply.
Examples of price elasticity of supply?
some examples of elastic and inelastic supply are:elastic:Gasoline is a really good example. When gasoline prices dip, everyone drives in to fill up their tank. In this case, when price drops slightly, quantity purchased jumps drastically. Although people "need" gasoline, people will tend to treat it as an elastic product.inelastic:Products like Tobacco or Insulin. Although prices may increase for these products, customers will not hesitate to engage in a transaction. This is especially true with products like insulin which is literally a matter of life and death. The only reason why production companies like this don't increase prices of insulin is because of fear of government regulation.Note: the above answers are wrong. They are about elasticity of DEMAND, not SUPPLY like the question calls for. Goods with an elastic supply are those that require little capital, no hard-to-find resources, and no skilled labor force. The more of these items a good requires, the less elastic its supply will be.
For a given increase in supply the slope of both demand curve and supply curve affect the change in equilibrium quantity Is this statement true or false Explain with diagrams?
For a given increase in supply the slope of both demand curve and supply curve affect the change in equilibrium quantity Is this statement true or false Explain with diagrams?
What statement about fiscal policy is not true?
It refers to the adjustment of an economy’s money supply by a central bank.
In order for a price decrease to increase revenue which of the following must be true A. Demand must be elastic B. Demand must be inelastic. C. Demand must be unit elastic D. Supply must be inelastic?
A)
Is the statement true gasoline sometimes makes a good ingredient for a smoothie.?
No, that is not true
Which statement is true about the Federal Reserve discount rate?
It influences bank behavior in order to control the money supply.
is this statement true or false BC?
If the statement is false, then "This statement is false", is a lie, making it "This statement is true." The statement is now true. But if the statement is true, then "This statement is false" is true, making the statement false. But if the statement is false, then "This statement is false", is a lie, making it "This statement is true." The statement is now true. But if the statement is true, then... It's one of the biggest paradoxes ever, just like saying, "I'm lying right now."
Is it true that if you are good at mathematics you suck at engineering?
The statement seems absurd to me.
What is circular logic?
Circular logic would be a statement or series of statements that are true because of another statement, which is true because of the first. For example, statement A is true because statement B is true. Statement B is true because statement A is true
What is a good postulate description?
A good postulate is a statement which appears to be true, and perhaps can be shown to be true in simple cases, but which has not yet been proven.
What is a true statement of the 1950's?
Fighting Communism was a good way to get elected
What is a statement that is true only if both parts of the statement are true?
In computing, this is an AND statement.
What is a true statement that combines a true conditional statement and its true converse?
always true
