A decrease in the demand for the output that an input produces will cause the input's:
a. supply curve to shift to the right.
b. supply curve to shift to the left
c. demand curve to shift to the right.
d. demand curve to shift to the left.
d
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The Q-theory of investment was originally developed by
A) John Maynard Keynes. B) Dale Jorgenson. C) Paul Samuelson. D) James Tobin.
Firms that practice tacit collusion may receive some of the benefits of a cartel without explicitly organizing a group of firms.
Answer the following statement true (T) or false (F)
A government program that pays farmers not to plant corn on part of their land can help farmers not only through the subsidy payments to farmers who participate in the program but also by raising the market price of corn
a. True b. False Indicate whether the statement is true or false
When the rate of interest is 10 percent, the present value of $100 payable in two years is approximately
A) $80. B) $83. C) $100. D) $110.