Which of the following examples would fit this graph?
a. The production of the sculpture’s copies matches closely with consumer demand for this work.
b. The streaming of the album increases as good word-of-mouth spreads about it.
c. The manufacturing of a designer purse remains constant even though more people want to buy it.
d. The film’s distribution increases from 100 to 1,000 theaters despite low audience turnout.
c. The manufacturing of a designer purse remains constant even though more people want to buy it.
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Collusion is a key type of cooperation for
A. maximizing revenue. B. monopolistic competition. C. becoming a monopoly. D. cartels.
Discuss the production function. How does the production function relate to the labor market and potential GDP?
What will be an ideal response?
Which of the following impacts of the terrorist attacks of September 11, 2001, would not show up as a direct loss to GDP?
a. The loss of jobs in the WTC b. The loss of restaurant income near ground zero c. The loss of WTC itself d. The loss of rental income to landlords for buildings near ground zero e. The loss of jobs in the surrounding area.
If a county becomes less likely to default on its bonds, what happens to that country's interest rate and exchange rate? Explain