If supply-side policies succeed, less output is produced at every price level.
a. true
b. false
microeconomic equalibrium happens when the aggregate supply and aggregate demand curves intersect.
a. true
b. false

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november.