Qualification > Commerce

ALL ECONOMICS DISCUSSION, PAPERS HELP HERE!!

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Ghost Of Highbury:
WOHO!! i still haven't forgotten my eco. YEAH!

elemis:

--- Quote from: Ghost Of Highbury~ on June 09, 2010, 03:57:00 pm ---WOHO!! i still haven't forgotten my eco. YEAH!

--- End quote ---

You said you didnt take any commerce subjects -_-

Ghost Of Highbury:
I used to take economics, for 3 months or so. I dropped it later.

elemis:

--- Quote from: Ghost Of Highbury~ on June 09, 2010, 04:13:16 pm ---I used to take economics, for 3 months or so. I dropped it later.

--- End quote ---

Oh, okay.

J.Darren:

--- Quote from: aangel42 on June 09, 2010, 03:51:54 pm ---Help, please?

In a market there is a shortage of a good.
What change would cause the market to come to an equilibrium?

A an increase in demand
B a decrease in supply
C a fall in price
D a rise in price

--- End quote ---
D - Price is an incentive that would encourage producers to increase supply.

I did 2, 5 and 7.

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