Eco

QUESTION 29 The phrase 'all other things equal' is important because: O A. The law of demand says so O B. Individuals make economic decisions based on price alone . C.Demand depends on more factors than just price O D. All of the above QUESTION 30 Which of the following is true about price controls? A. Price ceilings are imposed above equilibrium price O B. Price floors are imposed below equilibrium price O C. Price ceilings are imposed below equilibrium price O D. Price floor are imposed at the equilibrium price