Which of the following will cause the demand curve for cable TV services to shift to the left?
A) a rise in the price of cable TV services
B) a decrease in average incomes of cable TV subscribers
C) an increase in population
D) the creation of several hit TV series
B
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The higher the inflation differential between countries, the less likely it is that relative PPP will hold
Indicate whether the statement is true or false
A production goal may be set too high by upper management because
a. they are unsure about the actual costs of production b. they under-estimate the difficulty of meeting a goal c. division managers over-state the difficulty of meeting the goal d. all of the above
A firm's demand for a resource is a(n)
a. final demand b. derived demand c. secondary demand d. induced demand e. marginal demand
The impact of hurricanes on the level of business activity in North Carolina is an example of
a. seasonal variation. b. internal force. c. cyclical fluctuation. d. random fluctuation.