Economists view shifts of supply and demand as
A) unusual events that call for government intervention
B) unusual events resulting from the failure of the price to fall
C) normal and frequent events
D) normal and frequents events that do not affect equilibrium prices
E) normal and frequent events that result from government intervention
Correct Answer:
Verified
Q155: If there is an increase in the
Q156: Q157: Oil and Natural Gas can each be Q158: A decrease in demand,with supply constant,results in Q159: An increase in supply results in a(n) Q161: An increase in demand coupled with an Q162: All of the following would be examples Q163: Given the demand curve for laptop computers,if Q164: An increase in demand causes Q165: The most likely reason that oil prices
A)
A) a surplus
B)
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