In this book, An inquiry into the Nature and Causes of the Wealth of Nations, Adam Smith described a visit he made to a
A) car factory.
B) Pin factory.
C) Washing Machine Factory.
D) farm.
Ans: B) Pin factory.
You might also like to view...
Using equal amounts resources, country a can produce either 30 tons of mangoes or 10 tons of bananas, and country b can produce either 10 tons of mangoes/bananas. Which of the following is consisted w/ the info above
Damage from floods and hurricanes which destroy a large portion of this year's crop of oranges will definitely make oranges more price inelastic in supply
Indicate whether the statement is true or false
Yield management is the practice of
A) forecasting competitors' responses to price changes. B) using information technology to find the best interest rate. C) determining production functions to minimize production costs. D) using buyer data to rapidly adjust prices.
What is the best way to describe aggregate demand?
A) quantity required to satisfy equilibrium B) exports decrease; imports increase C) amount of a country's goods and services demanded by household and firms throughout the world D) individual's demand E) domestic demand of foreign imports.