Which of the following would increase aggregate supply?
A) increased training and education
B) a reduction in input prices
C) a discovery of new raw materials
D) all of the above
D
You might also like to view...
The use of eminent domain to seize private property always results in an increase in cooperative surplus
Indicate whether the statement is true or false
A monopoly that can perfectly price discriminate creates no deadweight loss
Indicate whether the statement is true or false
Which of the following statements is true about public goods?
a. They are always produced by the government. b. The market-determined output is efficient. c. The government can hire a private entity to produce a public good. d. Nonexcludability is sufficient condition for a good to classified as a public good.
Fossil Fuels are derived mostly from nonorganic matter trapped in metamorphic rock.
Indicate whether the statement is true or false.