Waste systems and highways are part of a nation's infrastructure

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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A productivity decrease would be illustrated by a shift in the production function

a. downward. b. leftward. c. upward. d. rightward.

Economics

According to the? input-substitution effect, an increase in the wage ? increases decreases the quantity of labor per unit of ? output input ?, so the quantity of labor demanded ? decreases increases .


 

According to the? input-substitution effect,

an increasean increase

in the wage

?

increases

decreases

the quantity of labor per unit of

?

output

input

, so the quantity of labor demanded

?

decreases

increases

.

Economics

What is a tariff?

What will be an ideal response?

Economics

Refer to the graph shown. Assume that the market is initially in equilibrium at a price of $10 and a quantity of 500 units. In equilibrium, consumer surplus is equal to:

A. 1,500. B. 2,500. C. 5,000. D. 3,500.

Economics