Which of the following does NOT change supply?
A. Changes in technology
B. Changes in expectations about prices
C. Prices
D. Numbers of suppliers
C. Prices
Economics
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In a market with ________, one side of the market has private information that is relevant for the other side
A) asymmetric information B) perfect competition C) monopolistic competition D) positive externalities
Economics
The ceteris paribus assumption is important to use when building economic models
Indicate whether the statement is true or false
Economics
Explain the relationship between ?TC/?q and ?VC/?q.
What will be an ideal response?
Economics
Growth in real wage rates is closely tied to growth in labor productivity
a. True b. False Indicate whether the statement is true or false
Economics