If the price was fixed below the equilibrium price there would be ?
A. Excess supply
B. Excess demand
C. Equilibrium
D. Downward pressure on prices
A. Excess supply
B. Excess demand
C. Equilibrium
D. Downward pressure on prices
A. 134.0 million
B. None of theses answers
C. 92.3 million
D. 98.0 million
A. Invest heavily in branding
B. Act independently of other firms
C. Try to differentiate its products
D. Try to be a price maker
A. Sending of money to someone at distance
B. The sum of money sent
C. Both of them
D. None of them
A. the growth of the fastest economy in the world
B. The fastest growth an economy has ever achieved
C. The present rate of growth of an economy
D. The rate of growth that could be achieved if resources were fully employed
A. 0.4A
B. 2.5A
C. 10A
D. 1B
A. Economies of large-scale production
B. Relative abundance of various resources
C. Relative costs of labor
D. Research and development expenditures