Which of the following would not shift the supply curve for halibut?
a. a reduction in the number of available fishing boats
b. unusually stormy weather during fishing season
c. the development of innovative new fishing equipment that makes it easier to catch halibut
d. an increase in the price of halibut
d
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Recently the largest form of international investment funds for developing countries has been
A) foreign direct investments. B) World Bank loans. C) portfolio investments. D) bank loans.
Price elasticity of supply
a. is always a number between 0 and 1 b. is always a negative number c. is always greater than or equal to 0 d. is always greater than 1. e. can take on any value.
Sari puts $100 into an account with an interest rate of 10 percent. According to the rule of 70, about how much does she have at the end of 21 years?
a. $210 b. $300 c. $800 d. $1,010
Refer to the following graph to answer the question:
Suppose price rises from $90 to $110. Using representative arrows, the quantity effect is a relatively ________ (short, long) arrow pointing ________ (upward, downward).
A. short; upward B. short; downward C. long; downward D. long; upward