An increase in productivity as a result of a new technology would cause the production possibilities frontier to:
A. shift in.
B. shift out.
C. not move until society chooses to move it.
D. become more meaningful in policy decisions.
B. shift out.
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Since 1981, deaths from cardiovascular diseases have decreased in the United States
Indicate whether the statement is true or false
What is a term referring to a table that shows the quantity supplied at a range of different prices?
a. demand curve b. demand schedule c. supply curve d. supply schedule
Core competency occurs when: a. a business focuses on a wide range of products rather than a few products. b. a business focuses on one or few products rather than a wide range of products. c. a business sells products at a high price
d. a business is merged with another profit-making business.
A ceiling imposed by a country on the quantity of a good or service it will import is called a
A. quota. B. tariff. C. non-tariff barrier. D. trade embargo.