A productivity-enhancing innovation has the effect of shifting the supply curve to the right.
Answer the following statement true (T) or false (F)
True
A productivity-enhancing innovation has the effect of shifting the supply curve to the right.
You might also like to view...
Suppose the U.S. inflation rate falls while the inflation rate among the members of the European Monetary Union (EMU) holds constant. Other things equal, what will happen in the balance of payments accounts?
What will be an ideal response?
The intangible costs associated with reduced quality of life include
a. Pain and suffering b. Lost productivity at work c. The cost of home remodeling to accommodate a physical handicap d. Potential income lost due to premature death e. All of the above are intangible costs
Price discrimination requires:
a. a firm to be a competitive firm. b. a firm to be able to segment its customers based on different price elasticities of demand. c. arbitrage. d. that the product can be easily resold.
A . Explain how the existence of the Federal Savings and Loan Insurance Corporation (FSLIC) may unintentionally have increased the number of S&L failures in the 1980s and 1990s. b. What safeguards can help prevent this from happening?