Question and answer
Score: Suppose that producers are charging a price that is higher than the equilibrium price. Will this create a surplus or shortage of goods?
If producers are charging a price that is higher than the equilibrium price, it will create a SURPLUS of goods.
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Expert answered|debnjerry|Points 43526|
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Asked 2/1/2013 9:36:24 AM
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Score: Government regulations can increase _____, making goods and services more expensive. production costs revenue profits
Question
Updated 11/8/2018 10:14:32 AM
1 Answer/Comment
Government regulations can increase cost, making goods and services more expensive.
Added 11/8/2018 10:14:31 AM
This answer has been confirmed as correct and helpful.
The government has _____ that prevent anti-competitive behavior in the marketplace and increase competition. 1. taxes 2. tariffs 3. antitrust laws
Question
Updated 12/21/2015 6:15:19 PM
1 Answer/Comment
The government has antitrust laws that prevent anti-competitive behavior in the marketplace and increase competition.
Added 12/21/2015 6:15:19 PM
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Confirmed by Andrew. [12/22/2015 2:08:50 AM]
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