If the variable on the vertical axis increases by 24 and the variable on the horizontal axis decreases by 3, the slope of the line is:
A. -24.
B. -8.
C. 3.
D. 72.
Answer: B
Economics
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Which of the following is not an option for a perfectly competitive firm that suffers short-run losses?
A) reducing the use of variable factors B) shutting down C) raising price D) reducing production
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If stocks are riskier than bonds, why would a rational investor ever buy stocks?
What will be an ideal response?
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Which of the following results in the aggregate demand curve shifting rightward year after year?
What will be an ideal response?
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