### Which situation reflects scarcity rather than shortage

##### Reference no: EM13997433

There are not enough of four goods to satisfy the wants of people. For good A, this is true when the price is \$100. This is true for good B at a price of \$10, for good C at a price of \$1, and for good D at a price of zero. Which situation reflects scarcity rather than shortage?

#### What was the real interest rate earned

In January of 1980, a Troy ounce of gold sold for \$850 (an all-time high). Over the 28 years from 1980 to 2008, the CPI has grown at a compounded annual rate of 3.3%. In 2008

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#### Separate demand curves in two separate markets

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A newspaper has a monopoly on the local news market in a town. The market demand is given by P=1.70-Q/20,000, making the marginal revenue MR=1.70-Q/10,000. The marginal cost i

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#### Sources of cost that vertical integration

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