Which of the following is a determinant of market supply but will not influence the marginal cost curve of an individual firm?
A.) The price of factor inputs.
B.) The number of firms in the market.
C.) Improvements in technology.
D.) The person's desires.
B.) The number of firms in the market.
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The current account is the sum of ________
A) net exports, net factor income from abroad and net transfers from abroad. B) consumption, investment, and government expenditure C) net exports and net investment from abroad D) net exports and net transfers from abroad
According to this Application, ________ regimes have difficulty coping with the changes arising from sustained technological progress
A) all political B) authoritarian C) participatory D) democratic
The above figure depicts the Edgeworth box for two individuals, Al and Bruce. The contract curve can be found by connecting points
A) a and b. B) a and c. C) b and d. D) c and d.
What best describes immigration in the US?
a. South-eastern Europe was the largest source of immigrants in the late 19th century and Latin America was the largest source at the beginning of the 20th century. b. Asia was the largest source of immigrants in late 20th century and south-eastern Europe was the largest source in the first half of the 19th century. c. Britain was the largest source of immigrants through the 18th century and Germany and Ireland were the largest sources in the last quarter of the 19th century. d. Ireland and Germany were the largest sources of immigrants in the middle of the 19th century and Latin America and Asia were the largest sources at the end of the 20th century.