Discuss the TWO possible market shifts (i. e., D or S shifting) that would lead to a shortage at the old (or initial) equilibrium price. In your discussion, clearly identify the curve that shifts and the direction of its shift. Conclude your discussion by stating what would then happen to price and quantity as a result of the shortage, in each of your two answers.

(blank) is the type of competition that occurs in a competitive market without identical producers.

In order to gauge public opinion about how to handle iran's growing nuclear program, a research group surveyed 1010 americans by telephone and asked them to rate the threat iran's nuclear program poses to the world on a scale of 1 to 10. describe the population, sample, population parameters, and sample statistics. identify the population in the given problem. choose the correct answer below.

True or flase? a. new technological developments can us adapt to depleting sources of natural resources. b. research and development funds from the government to private industry never pay off for the country as a whole; they only increase the profits of rich corporations. c. in order for fledgling industries in poor nations to thrive, they must receive protection from foreign trade. d. countries with few natural resources will always be poor. e. as long as real gdp (gross domestic product) grows at a slower rate than the population, per capita real gdp increases.