The purchase by consumers of inventory converts that inventory from investment goods to consumption goods
Indicate whether the statement is true or false
T
You might also like to view...
Which of the following will lead to a movement along the same demand curve?
A. Changes in income B. Changes in the price of substitute goods C. Changes in the price of the product D. Changes in the preference of the consumer
According to UN projections, what proportion of the world's urban population will reside in the urban areas of developing countries by 2025?
(a) two fifths. (b) one half. (c) two thirds. (d) four fifths.
When the elasticity of demand for a particular good is between zero and -1, _____
a. demand is elastic b. demand is inelastic c. demand is unit-elastic d. the good is an inferior good e. the good is a normal good
A . If the government places a tax on land users, what will happen to the quantity of land supplied, if the supply of land is costless? What will happen to land rent? b. How will your answers to Part a . change if there are differential rents in the absence of the government tax?