True/False
For exchange to be voluntary the price must be greater than the marginal opportunity cost of the seller and less than the marginal benefit of the buyer.
Correct Answer:

Verified
Correct Answer:
Verified
Q172: When inventories increase, it signals businesses to
Q173: How do price adjustments eliminate a surplus?<br>A)
Q174: If the price of Pepsi falls, the
Q175: Falling prices provide incentives for businesses to
Q176: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1013/.jpg" alt=" Figure 4.5.1 -Look
Q178: The concept of consumer surplus is easiest
Q179: At an efficient market outcome,<br>A) total consumer
Q180: Rising prices for a product<br>A) create incentives
Q181: Falling prices for a service<br>A) create incentives
Q182: Falling prices for a product<br>A) create incentives