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All consumers have received a tax cut. What happens to the equilibrium price of automobiles? a. increases c. remains the same b. decreases d. none of the above
Weegy: All consumers have received a tax cut. What happens to the equilibrium price of automobiles? The answer is a. increases. [smile] (More)
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Expert Answered
Asked 9/11/2013 9:17:24 AM
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What is it called when the government uses some tool other than money to allocate goods? a. supply management c. disequilibrium b. rationing d. resource allocation
Weegy: b. rationing t is it called when the government uses some tool other than money to allocate goods. [smile] (More)
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Asked 9/11/2013 9:15:11 AM
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Equilibrium occurs when the quantity supplied exceeds the quantity demanded.
Question
Updated 4/27/2015 3:59:48 AM
1 Answer/Comment
Equilibrium occurs when the quantity supplied exceeds the quantity demanded. FALSE.
Added 4/27/2015 3:59:48 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by selymi [10/12/2015 4:05:59 AM]
Factors that can effect prices could include advances in technology, changes in prices of raw materials or new government taxes. Please select the best answer from the choices provided true or false
Weegy: This is TRUE. Factors that can effect prices could include advances in technology, changes in prices of raw materials or new government taxes. ] (More)
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Expert Answered
Asked 9/11/2013 9:43:04 AM
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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
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Updated 4/23/2015 6:09:09 AM
1 Answer/Comment
Rationing is most likely to lead directly to a black market.
Added 4/23/2015 6:09:08 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by selymi [4/23/2015 6:16:54 AM]
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