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Multiple Choice - Pick one answer A - D:

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Multiple Choice - Pick one answer A - D;12. A black market is;a)Something that happens when producers sell goods for a greater price than the government mandated price ceiling.;b)A characteristic of a surplus or excess supply condition.;c)Legal but frowned upon by economists who feel it violates consumer sovereignty.;d)None of the above.

 

Paper#24398 | Written in 18-Jul-2015

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