Decreasing profit margins indicate a need to increase production in an economy
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Which of the following occurs in the factor market?
A) households exchange resources for goods and services. B) firms exchange money for resources. C) firms exchange goods and services for resources. D) households exchange money for goods and services.
Expected wealth is a weighted average in which the weights are
A) average utilities. B) marginal utilities. C) total utilities. D) probabilities.
Under the Temporary Aid to Needy Families (TANF program), work activities are defined to include:
A. vocational training. B. community service. C. on-the-job training. D. All of these
Assuming that labor is the only variable input, if society values a good ________ it costs firms to hire the workers to produce that good, the good ________ be produced.
A. less than; will B. more than; will not C. equal to what; will not D. less than; will not