If the Union threatens a strike, what is the firm's best response?

An increase in the price of inputs will cause the supply curve for a product to shift to the right

Indicate whether the statement is true or false

The evidence shows that, over the last 25 years, spending on research and development in the rich countries has

A) decreased dramatically. B) decreased slightly. C) remained constant. D) increased in absolute numbers, but decreased as a percentage of GDP. E) increased as a percentage of GDP.