Assume the market for paper plates is perfectly competitive and currently in equilibrium. If the demand increases while the supply decreases, then we can be certain that:.
a. the equilibrium price will increase.
b. the equilibrium quantity will increase.
c. both price and quantity will increase.
d. both price and quantity will decrease.
Answers: 3
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Many jobs in the law, public safety, and security careers require training that does not aid in earning a degree. which best describes jobs that require licensure, on-the-job training, and certification? a. paramedics and correction officers need to be licensed, security guards need on-the-job training, and lawyers and fire inspectors need to be certified. b. security guards and lawyers need to be licensed, correction officers need on-the-job training, and paramedics and fire inspectors need to be certified. c. lawyers need to be licensed, paramedics and security guards need on-the-job training, and correction officers and fire inspectors need to be certified. d. fire inspectors and security guards need to be licensed, lawyers and correction officers need on-the-job training, and paramedics need to be certified.
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Assume the market for paper plates is perfectly competitive and currently in equilibrium. If the dem...
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