Price and quantity decisions made by a company have vital influences on

A. the firm’s labor requirements.
B. consumer response to the product.
C. future success of the company.
D. All of the responses are correct.


Answer: D

Economics

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Which of the following changes does NOT shift the long-run aggregate supply curve?

A) a decrease in the labor force B) a fall in the price level C) a rise in number of college graduates in the labor force D) a tax hike that reduces the capital stock

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The distribution of income

a. is about the same in most countries b. tends to be more equal in developing countries than in developed countries c. is more concentrated in the United States than in Canada or Japan d. is more even in developing countries than in the Russia e. is not related to a country's level of development

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Bond prices and bond yields have a(n) ______________ relationship

A) direct B) inverse C) independent D) positive

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Limited liability is a characteristic of

A) partnerships only. B) corporations only. C) partnerships and proprietorships only. D) proprietorships only.

Economics