A shift of the demand curve for a good occurs whenever new technologies make inputs used in producing that good available at lower prices.
Answer the following statement true (T) or false (F)
False
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Why does multinational corporation investment not necessarily offer the advantage of domestic employment expansion?
What will be an ideal response?
Explain why on average the profit levels for invention and entrepreneurship are generally so low.
What will be an ideal response?
The U.S. goal for price stability:
A. Is an inflation rate of 3 to 6 percent. B. Is an inflation rate of zero or less. C. Changes each year based on economic performance. D. Is an inflation rate of fewer than 3 percent.
If the marginal product of labor is less than the average product of labor, then the
A. marginal product must be increasing. B. marginal product must be decreasing. C. average product must be decreasing. D. Both B and C