Leaders in underdeveloped countries can enhance development by
A. increasing population growth.
B. reducing capital per worker.
C. implementing improved technology.
D. creating new natural resources.
C. implementing improved technology.
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A law that prohibits certain kinds of market behavior such as monopoly and monopolistic practices is called ________
A) a consumer surplus law B) a trust law C) an antitrust law D) an anti-monopoly law
Which of the following would increase gross private domestic investment in an economy?
A) an increase in the level of Apple's inventory B) an increase in the shares of Apple stock households own C) an increase in the number of workers Apple hires D) an increase in the number of highway construction projects the government is funding
If the supply of bananas increases, but the demand remains the same, which of the following would happen?
a. Price becomes indeterminate.
b. Quantity becomes indeterminate.
c. Price falls.
d. Quantity falls.
The total amount of satisfaction yielded by the consumption of a good or service is called
A. total utility. B. maximized behavior. C. total demand. D. market equilibrium.