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Tneary Tneary
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5 years ago

Question 1.

Partial equilibrium analysis refers to ________ examining the equilibrium conditions in individual markets and for households and firms.



▸ separately

▸ jointly

▸ partially

▸ simultaneously

Question 2.

Firms stop producing DVDs and start producing Blu-ray discs because people prefer Blu-ray discs discs to DVDs. This will



▸ make the distribution of outcome more equitable.

▸ make the economy more stable.

▸ improve efficiency.

▸ make the economy less stable.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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meigsflameigsfla
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5 years ago
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