Other things being equal, an increase in the prices of portable power banks leads to a decrease in the amount portable power banks that people purchase. This is known as
A) the law of demand.
B) the law of supply.
C) ceteris paribus.
D) equilibrium.
Answer: A
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The consumption of fixed capital in each year's production is called ________.
A. net investment B. depreciation C. indirect business taxes D. inventory reduction
What is the difference between "capital" and "financial capital"? Which is a factor of production?
What will be an ideal response?
_______ is the dominant feldspar in basalt.
A) Plagioclase B) Microcline C) Orthoclase D) Pyroxene
Specialization—the division of labor—enhances productivity and efficiency by:
A. allowing workers to take advantage of existing differences in their abilities and skills. B. avoiding the time loss involved in shifting from one production task to another. C. allowing workers to develop skills by working on one, or a limited number, of tasks. D. all of the means identified in the other answers.