ECON 401
University Of Maryland - Baltimore
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ECON 401-WEEK 2 . Questions and Answers
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ECON 401-WEEK 2 . Questions and Answers
n economics, the demand for a good refers to the amount of the good that people:
a) would like to have if the good were free.
b) will buy at various prices.
c) need to achieve a minimum standard of living.
d) will buy at alternative income levels.
Questi
on 2
1 / 1
point
______________ are enacted when discontented sellers, feeling that prices are too low, appeal
to legislators to keep prices from falling.
a) Price ceilings
b) Rent controls
...
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ECON 401-WEEK 2 . Questions and Answers
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ECON 401-WEEK 2 . Questions and Answers n economics, the demand for a good refers to the amount of the good that people: a) would like to have if the good were free. b) will buy at various prices. c) need to achieve a minimum standard of living. d) will buy at alternative income levels. Questi on 2 1 / 1 point ______________ are enacted when discontented sellers, feeling that prices are too low, appeal to legislators to keep prices from falling. a) Price ceilings b) Rent controls ...
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