Which of the following would shift the FE line to the left?
A. A decrease in the future marginal productivity of capital
B. An increase in labor supply
C. A beneficial supply shock
D. A decrease in the capital stock
Answer: D
Economics
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Use a supply and demand graph to explain why the rent on land is demand determined
What will be an ideal response?
Economics
Use the above figure. The profit-maximizing output and price is
A) 600 and $16, respectively. B) 600 and $10, respectively. C) 600 and $8, respectively. D) 800 and $10, respectively.
Economics