In agriculture, a "bumper crop" refers to a particularly productive harvest. if there is a bumper crop for wheat at the same time that more people become allergic to wheat and all else is held constant, what will happen to the equilibrium price and quantity for wheat?
a. the equilibrium price will go up and equilibrium quantity will go up.
b. the equilibrium price will be indeterminate and equilibrium quantity will go up.
c. the equilibrium price will go down and equilibrium quantity will be indeterminate.
d. the equilibrium price will go up and equilibrium quantity will be indeterminate.
e. the equilibrium price will be indeterminate and equilibrium quantity will go down.

Suppose that hubert, an economist from an am talk radio program, and kate, an economist from a nonprofit organization on the west coast, are arguing over government bailouts. the following dialogue shows an excerpt from their debate: kate: to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. hubert: indeed, it’s gotten crazy! a government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. kate: i don’t know about that. without a bailout of severely distressed financial firms, the economy will experience a deep recession. the disagreement between these economists is most likely due todifferences in scientific judgments . despite their differences, with which proposition are two economists chosen at random most likely to agree? business managers can raise profit more easily by reducing costs than by raising revenue. central banks should focus more on maintaining low unemployment than on maintaining low inflation. employers should not be restricted from outsourcing work to foreign nations

At which stage would you introduce your product to the market at large? a. development stage b. market testing stage c. commercialization stage d. ideation stage

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false