Question and answer
What is the mnemonic to help us remember the waxing and waning of the Moon in the Southern Hemisphere? A. COD B. COC C. DOC D. DOD
"COD" is the mnemonic if you are in the southern hemisphere
Expert answered|jameshand|Points 1449|
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Asked 12/31/2011 7:47:07 PM
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Why do fads often lead to shortages, at least in the short term? A. Buyers and sellers are unable to agree on a price for the good. B. Laws prevent stores from responding to excess demand in time to prevent a shortage. C. Manufacturers charge extremely high prices for the goods that stores are unwilling to pay. D. Demand increases so quickly and unexpectedly that time is needed for the quantity supplied and price to ...
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Updated 319 days ago|3/15/2014 8:17:14 AM
1 Answer/Comment
Fads often lead to shortages, at least in the short term because : Buyers and sellers are unable to agree on a price for the good.
Added 319 days ago|3/15/2014 8:17:14 AM
This answer has been confirmed as correct, not copied, and helpful.
Which of the following is a situation that makes the market behave inefficiently? A. when consumers do not have enough information to make good choices B. when producers have the power to find out exactly what to produce C. when both consumers and producers are fully informed about a product D. when the market is in perfect competition and prices are high
Weegy: when the market is in perfect competition and prices are high, then it makes the market behave inefficiently User: Which of these is most likely to lead directly to a black market? A. a supply shock B. a price floor C. rationing D. equilibrium Weegy: supply shock leads directly to a black market (More)
Question
Expert Answered
Updated 234 days ago|6/8/2014 12:18:16 PM
2 Answers/Comments
A situation that makes the market behave inefficiently is when consumers do not have enough information to make good choices.
Added 234 days ago|6/8/2014 12:15:15 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by yumdrea [6/8/2014 12:16:38 PM]
Rationing is most likely to lead directly to a black market.
Added 234 days ago|6/8/2014 12:18:16 PM
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