Why does a perfectly competitive market require many buyers and sellers?
A. because products must be uniform
B. so no individual can control the price
C. so buyers and sellers are both informed
D. to maintain quality over the goodsWeegy:
a perfectly competitive market require many buyers and sellers B. so no individual can control the priceAuto answered|Score .9928|asero1010|Points 4305|User:
Which of the following programs was President Roosevelt establishing when he spoke these words?
A. Temporary Assistance for Needy Families
B. Social Security
C. War on Poverty
D. The New DealWeegy:
The New Deal is the program that President Roosevelt was establishing when he spoke these words.
***The New Deal was a series of economic programs enacted in the United States between 1933 and 1936. [ They involved presidential executive orders or laws passed by Congress during the first term of President Franklin D. Roosevelt. The programs were in response to the Great Depression, and focused on what historians call the "3 Rs": Relief, Recovery, and Reform.
] Auto answered|Score .6|emdjay23|Points 913|User:
You read an article in a news magazine that explains how the economy expanded for several years, and then went into a period of contraction. What is the main subject of this article?
C. the business cycle
D. voluntary exchange Weegy:
C. the business cycleAuto answered|Score 1|rugmaker|Points 2565|User:
When quantity demanded in a market is more than the quantity supplied, _____ occurs.
A. a surplus
B. an equilibrium
C. a shortage
D. a production possibilityWeegy:
When quantity supplied is more than quantity ... have been taken out of the market) than quantity demanded, ... Shortage of supply, or . [ Excess/surplus of ... http://wiki.answers.com/Q/When_quantity_supply_is_greater_than_quantity_demand_what_happens_to_the_price
] Auto answered|Score .7576User:
What happens to the equilibrium price when supply goes down?
A. The price goes up.
B. The price goes down.
C. The price stays the same.
D. The price goes up, and then goes down. Weegy:
then equilibrium quantity goes up, and equilibrium price could go up, down, or stay [www.freeeconhelp.com/2011/10/what-happens-to-equilibrium-p
] [ rice-and.html ] Auto answered|Score .8389User:
Why does a government place price ceilings, such as rent control, on some “essential” goods?
A. to prevent the development of a black market
B. to encourage an increase in supply of necessary items
C. to limit the impact of equilibrium pricing
D. to help reduce demand for these goodsWeegy:
Answer is C. to limit the impact of equilibrium pricing.Expert answered|karenlohman|Points 30|
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