If price is above the equilibrium level, competition among sellers to reduce the resulting Multiple Choice 1. surplus will increase quantity demanded and decrease quantity supplied.2. shortage will increase quantity demanded and decrease quantity supplied.3. shortage will decrease quantity demanded and increase quantity supplied. 4. surplus will decrease quantity demanded and increase quantity supplied.

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

Arguments made against free trade include all of the following exceptdumping is an unfair trade practice that puts domestic producers of substitute goods at a disadvantage that they should be protected against.national defense considerations justify producing certain goods domestically whether the country has a comparative advantage in their production or not.free trade is inflationary and should be restricted in the domestic interest. if foreign governments subsidize their exports, foreign firms that export are given an unfair advantage that domestic producers should be protected against.infant industries should be protected from free trade so that they may have time to develop and compete on an even basis with older, more established foreign industries.

Will mark the ! hurry ! drag and drop the ethnic group to identify the country where it is the majority. ethnic groups may be used more than once. match to the right boxcristian greeks. arabs. persiansiran qatar cyprus iraq